Speaking with State House Correspondents after Wednesday’s edition of the weekly Federal Executive Council meeting, Minister of Information Labaran Maku added that Nnaji’s voluntary resignation gave credence to the ongoing privatisation of the power sector.
“Let me put it this way, you already know the reasons why Prof. Bart Nnaji resigned. He resigned to give credibility to the power sector privatisation process and the statement issued by the special adviser to the president on media affairs yesterday was very clear and explicit,” he said.
“The voluntary resignation of Prof. Nnaji is indeed something that will reinforce the credibility of Federal Government's reforms in the power sector. I do not see it hampering the process in any way, rather it would assure investors all over the world that Nigeria, and all of us in government, is prepared to do everything possible to ensure the credibility of the process.”
He assured that Nnaji’s departure would not impede ongoing reforms in the power sector but it would rather strengthen the privatisation exercise with more impetus to deliver in the coming days.
He added, though, that it would have been good to see Nnaji, who had put in a lot of energy, see of the process he began.
“But as you know governance is a continuum; there are institutions and processes in place,” Maku said. “I do not see the gains that we're beginning to see in the power sector being obstructed in any way by the decision of Prof Nnaji to resign his position. I rather see greater momentum coming on board, and I believe that the FG and the Ministry of Power particularly will work even harder in the months and the years to come to give this country very stable power supply.”
Continuing, he said, “Between now and the end of the year, the minister has already set targets to increase power in the nation. And from all that we have heard in recent weeks in many parts of the country, we're beginning to see more stable power supply and the situation will continue to improve because there are power plants that are coming on board.
“We believe that by the end of the year, the power situation in the country should even improve further. Like I said, it is regrettable that Prof. Bart will not be there but definitely he is still a citizen of Nigeria. He is still in the country and I believe that he will contribute his quota as a private citizen wherever he is because it is his dream and the dream of the FG and the president to ensure that we attain power stability.”
Maku also assured that the completion of the privatisation of the power generating distribution companies would herald proficient management of the power sector, which will, in turn, generate an influx of investments into the country.
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