The stage appeared set for a comprehensive probe of the nation’s power sector as the Senate declared on Thursday that officials of the Federal Ministry of Power, its departments and agencies and other key players within the sector would soon be appearing before it.
Chairman of the Senate ad-hoc committee on power, Senator Abubakar Kyari, stated this when the Senate President, Bukola Saraki, inaugurated the 14-member fact finding panel at the National Assembly Complex.
Kyari explained that stakeholders in the sector from 1999 till date, would be asked to provide needed information in order to achieve the committee’s laudable objectives.
He added that the committee would also beam its searchlight in the unbundling of the power sector, which was midwifed by the Bureau of Public Enterprises.
Kyari added that the committee would be seeking inputs from the establishment on the process of privatisation as it relates to funds committed to the exercise, funds generated, and the settlement of laid off staff of the Power Holding Company of Nigeria.
Apart from this, Kyari stressed that the committee would verify the claims of the successful bidders, their companies financial profile and why they were already asking for bail out/loan facilities from the Central Bank of Nigeria. Click to signup for FREE news updates, latest information and hottest gists everyday
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Knowing the dirty politics behind some of these senate probes, I can bet my last dollar that nothing will come out of these probes. If they turn out to exert any positive effect, I shall join Bode George in exile wherever he is on Earth.
ReplyDeleteThe probe will raise money for their pocket and you will not get the result
ReplyDeleteHow can anything good come out of the probe? When your leaders are elected through forgery. The senate needs cleansing to be taken seriously. Otherwise this could be another Faroukgate, roadblock no be so?
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