By Henry Gabriel –
The committee setup by the Federal Executive Council (NEC), headed by Kaduna State governor, Malam Nasir El-Rufai, has called on Nigerians to submit memorandum that will help it to review the Ownership Structure of the partially privatized Electricity Distribution Companies (DISCOs) and related matters.
The Nigeria Power Sector was partially sole in 2014 but since then, the sector is yet to improve.
Elanza News reports that several Nigerians have been calling for the reversal of the power sector sale.
It was gathered that many of the distribution companies got loans from the federal government to buy the DISCOs at a give-away prices but failed to improve the electricity infrastructure.
Following the outcry by some Nigerians, the 99 meeting of the National Economic Council (NEC) held on Thursday 21 November 2019, setup an Ad-Hoc Committee under the chairmanship of the Governor of Kaduna State to review the Ownership Structure of the partially privatized Electricity Distribution Companies (DISCOs) and related matters.
The Committee which has the following Terms of Reference: to review the ownership structure of the partially-privatized Electricity Distribution Companies (DISCOs); identiy issues, challenges and gaps regarding their historical performance since the privatization and handover to core inyestors/managers; recommend options for resolving the issues identified; and propose a roadmap for progressing the electric power sector reform process, is now calling on Nigerians to submit memorandum.
The NEC Ad-Hoc Committee headed by El-Rufai obtained Council’s approval at its meeting held on Thursday, 23 January 2020 to undertake a public consultation process.
“The Committee is hereby requesting for memoranda from academia, associations, unions, companies, civil Society organisations, States, Local Government Administrations and communities that had invested in the power sector from 2013 till date and the general public to aid its work,” a statement issued by the Permanent Secretary/Secretary NEC Ad-Hoc Committee On Review of the Status of Ownership of the DISCOs, Ernest A Umakhihe, said.
He said the memoranda or memorandum can be submitted in hard copy or in electronic form on or before Monday, 17 February 2020.
“A copy each of the typed submission should be sent to: The NECSecretariat, Office of the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning (National Planning Wing), C31010, Adekunle Fajuyi street, central Business District, Abuja, and The Director-General, Nigeria Governors’ Forum 51, Lake Chad crescent Maitama, Abuja.
“The electronic submission should be sent to email@example.com and firstname.lastname@example.org,” the statement added.