{"id":4739,"date":"2019-12-16T13:49:57","date_gmt":"2019-12-16T13:49:57","guid":{"rendered":"https:\/\/bpe.gov.ng\/?p=2179"},"modified":"2025-09-08T02:16:06","modified_gmt":"2025-09-08T02:16:06","slug":"okoh-defends-power-privatisation","status":"publish","type":"post","link":"https:\/\/bpe.gov.ng\/staging\/okoh-defends-power-privatisation\/","title":{"rendered":"Okoh Defends Power Privatisation"},"content":{"rendered":"<p><span style=\"font-family: Century Gothic; font-size: large;\">Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has assured that with the various interventions by the Federal Government in the power sector, consumers in the country will soon have quality and improved electricity supply.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">Speaking on Monday at a one-day Roundtable Discussion on Power organised by the Senate Committee on Power with the theme:\u00a0<i>Addressing Nigeria\u2019s Power Problems,<\/i>\u00a0Okoh said one of such interventions is the Presidential Power Initiative aimed at bridging the infrastructure gaps in the sector.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">Okoh who defended the power privatisation, said it was successfully executed and likened it to a patient who successfully underwent a surgery but could not survive because of post surgery issues.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">He said that prior to privatisation, electricity supply in the country was like a social service funded by the government and now that it is in the hands of the private sector efforts must be made to make up the funding gap.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">While declaring the event open, Senate President, Senator Ahmed Ibrahim Lawan called for an emergency in the power sector and urged discussants at the Roundtable to exhaustively deliberate the issues bedeviling the sector with a view to finding solutions.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">Lawan stated that if there is the need by the National Assembly to amend the power sector reform bill, the lawmakers would not hesitate to do so given that power was the driver of Nigeria\u2019s economy.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">According to him, the country needed the political will to tackle its power issue and that there was no need playing the ostrich as all the issues in the sector were well known. He said that the launch of the\u00a0<\/span><span style=\"font-family: Arial; font-size: large;\">African<\/span><span style=\"font-family: Century Gothic; font-size: large;\">\u00a0Continental Free\u00a0<i>Trade Agreement<\/i>\u00a0(AfCFTA) by the Federal Government would be a mirage if the power situation in the country is epileptic as manufacturers in the country \u201cwill abandon the country to neighboring countries while inferior goods will flood the Nigerian market\u201d.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">Minister of Power, Mallam\u00a0<\/span><span style=\"font-family: Arial; font-size: large;\">Saleh<\/span><span style=\"font-family: Century Gothic; font-size: large;\">\u00a0Mamman in his remarks pledged the ministry\u2019s collaboration with the National Assembly to provide efficient and reliable power supply to Nigerians.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">Senate Committee Chairman on Power, Senator Gabriel Torwua Suswam said the decision to hold the Roundtable Discussion arose from the resolution of \u00a0 Senate at plenary to look into the issues confronting the power sector in the country.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">He regretted that Nigeria with the second highest population in the world lacked adequate power supply and this has impinged on her developmental efforts.<\/span><\/p>\n<p><span style=\"font-family: Century Gothic; font-size: large;\">The event attracted all the stakeholders in the power industry.<\/span><br \/>\n<span style=\"color: #4f4f4f; font-family: Century Gothic; font-size: large;\">\u00a0<\/span><br \/>\n<span style=\"font-family: Century Gothic; font-size: large;\"><b>Amina \u00a0Tukur Othman<\/b><\/span><br \/>\n<span style=\"font-family: Century Gothic; font-size: large;\"><i>Head, Public Communications<\/i><\/span><br \/>\n<span style=\"font-family: Century Gothic; font-size: large;\">December 11, 2019<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has assured that with the various interventions by the Federal Government in the power sector, consumers in the country will soon have quality and improved electricity supply&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":15288,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Okoh Defends Power Privatisation - Bureau of Public Enterprise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bpe.gov.ng\/staging\/okoh-defends-power-privatisation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Okoh Defends Power Privatisation\" \/>\n<meta property=\"og:description\" content=\"Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. 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