Business FG Will Attract Investments in Power Sector- Power Minister

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LequteMan

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The Federal Government will continue to create the enabling environment to attract investment in the power sector for efficient generation and distribution, the Minister of Power, Prof. Chinedu Nebo, has said.

Nebo told the News Agency of Nigeria (NAN) on Wednesday in Awka that there has been a lot of improvement in power generation despite the challenges in the sector.

He said this was as a result of the successful privatisation programme in the sector which was concluded about six months ago.

Nebo said that vandalism and poor gas supply remained a big challenge to growth in the sector.

The federal government, he said, is already applying effective measures to check the menace, and assured that all would soon be a thing of the past.

The minister said he was certain that power generation and distribution companies could drive the sector without financial constraints as they had the resources to do so.

He further called for equal emphasis on distribution as against generation where most investment interest had been directed.

#Power #ChineduNebo
 

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