The Federal Government on Wednesday approved a power sector recovery programme which comprises of policies and actions that will create a viable sector that is privately run.
This approval was made by the Federal Executive Council on Wednesday during its weekly meeting chaired by President Muhammadu Buhari.
Briefing newsmen after the meeting, the Minister of Power, Works and Housing, Babatunde Fashola, said the programme will also checkmate service delivery by Distribution and Transmission Companies as well as the whole value chain.
“The programme comprises of many pet policy actions, operational and financial interventions that needs to be carried out by government to improve transparency service delivery, performance of discos, transmission company and the entire value chain in order to create a more viable power sector that is private sector run” Fashola said.
More details shortly