Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, yesterday during the distinguished public lecture organised by the Department of Economics, University of Lagos (UNILAG), re-asserted that the challenges plaguing the power sector in the country were mainly man-made and not technical, The Guardian reports.
He said: “There are numerous challenges facing the power sector in the country. Most of them are man-made and not technical, including the issue of containers left in the port for about 10 years, explosion of pipelines, badly-installed equipment, cancelled tariff and electricity theft, among others. If men and women created these problems, in my view, only men and women can solve them.”
Fashola also cautioned those clamoring for the cancellation of the privatisation of the power sector to desist from such acts. He said: “Nigeria will be seen as an unserious nation by investors. I fully support privatisation of the power sector. The idea was well intended but it was delivered with deception. Many people believe that once privatisation is done, power becomes stable, but it is not so as there are many processes involved. Rather than cancel it, we will reengineer it.”