Nnaji Urges Privatisation Of Power Transmission To Private Firms

Nnaji Urges Privatisation Of Power Transmission To Private Firms

Former Minister of Power, Prof. Barth Nnaji on Thursday called for the segmentation of power transmission lines to improve electricity supply and check national grid breakdown, Vanguard reports.

“When segmented, the lines should be privatised to renowned electricity transmission companies that have the competence to manage it and expend on it as agreed,’’ Nnaji said. The former minister spoke while delivering a presentation at a public discourse; “The Big Ideas Podium’’.  He said that with competent companies handling transmission and with a reasonable mandate and time-line, they would improve the capacity, which would then aid the vacation of more power as well as allow the power generating stations to work at full capacity.

Nnaji said that why the transmission company was not privatised initially was due to an open access issue; where the government wanted the power generating companies to easily upload power to the national grid. He noted that for a country of about 190 million people to be generating and using an average of 4,500 megawatts of electricity, it was “very bad’’. According to him, the abysmal electricity production and transmission has continued to breed low productive capacity in the country.

topics from
There is no comment