Says the bureau must not be influenced by politicians on power privatisation issues

President Goodluck Jonathan, on Monday, vowed to deal with the Bureau for Public Enterprises (BPE), should they succumb to political manipulation on issues of privatisation.

“Whether the person is my mother or my uncle, I do not want to hear that somebody is from the President or Vice President. If you make mistakes, you are on your own and we will deal with you decisively,” he said.

Jonathan gave the warning at the end of a one-day presidential workshop with the theme: ‘Dismantling Barriers to Achieving our Power Sector Vision’, which was held at the Banquet Hall of Presidential Villa, Abuja.

Jonathan, who said he was impressed with the quality of contributions made at the workshop, assured that the economic management team will, on Tuesday, fine tune and restructure what had been discussed and give time lines to follow.

The President also said he was not impressed with the publicity and advocacy campaign by Nigeria Electricity Regulatory Commission (NERC) on the June 1 take-off date of the new electricity tariff tagged Multi-Year-Tariff-Order.

He warned that he did not want it to toe the path of deregulation where he was abandoned and disowned by the governors even after they backed the policy.

“The Bureau for Public Enterprises must follow up on the privatisation issue strictly. We  do not want to hear any story again. They must follow issues to the letter and strictlycomply with the dates. We must keep to the date on the power reform road map,” he said.

“The BPE will never make mistake to give this to companies that cannot perform. It must follow international best practices. So I want to assure all Nigerian and all the companies that have indicated their interest  that there will be no political manipulations and that everything will be followed professionally and only the best can get it. We are not going to play politics with the power privatisation programmes anymore”.

The NERC had earlier announced that the new tariff would not affect low income earners, and said it  would attract more investors because power generation would increase in the country. It also said the commission had already offered licences to more than 50 independent power producers, as part of efforts to improve power generation and distribution.

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