The minister of Power, Professor Chinedu Nebo has appealed to the President-elect Genral Muhammadu Buhari not to reverse the privatization policy on the power sector.
Minister of Power, Professor Chinedu Nebo, who gave the advice on today while briefing State House Correspondents after the Federal Executive Council (FEC) meeting presided over by President Goodluck Jonathan.
Nebo argued that the privatization of the sector was one of the major gains of the outgoing Jonathan administration stressing that an attempt to reverse the exercise will not be in the best interest of Nigeria.
The Minister of Power said: “The policy is the first of its kind and is set out to address the issues of renewable energy within the Nigerian electricity supply industry”.
Nigeria had on September 30 2013 privatised the Power Holding Company of Nigeria, selling its stakes to private bodies.
