Gabriel Suswam, Chairman, Senate Committee on Power says the
senate has no plans to reverse the privatisation of the power sector.
He spoke on Monday during the committee’s oversight visit to
some government structures being occupied by the Abuja Electricity Distribution
Company (AEDC).
Suswam said, on the contrary, the Senate supports government
privatisation of the industry.
He said “teething problems” will not be a reason for a
review
The lawmaker said the Senate was only interested in enhanced
performance to create efficiency.
“Unfortunately, the process itself started on a faulty note.
Some of the parameters used were a bit faulty so the sector has been faced with
problems that ordinarily would have been avoidable.”
The former Benue governor said the legislature is trying to
identify the core challenges in order to help the executives in addressing
them.
“This is why we are here to see what we have been told by
the Nigeria Electricity Liability Management Company (NELMCO)”.
Suswam recalled that NELMCO told the committee that they
handed over some assets to AEDC when the company was incorporated and the
committee needed to be sure it was true.
“Here are assets of the government and it is being occupied
by AEDC which is a private company and we are wondering why they are occupying
government property.
“The managing director has told us they are supposed to be
paying rent but because the property has been advertised for sale, they also
have the right of first refusal.”
He said AEDC has accepted that the building belongs to the
government and that they are tenants until when they are able to procure it if
they win the bid.
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