Posted by Adetola Bademosi | 17 June 2019 | 403 times
Former chairman of the Nigerian Electricity Regulatory Commission (NERC), Professor Sam Amadi, has said that the nation’s power sector was ab initio designed to fail
Prof. Amadi has attributed this to the fact that “the government had failed to corporatise and commercialise the sector before privatising.”
He said this in a number of tweets he made in response to the position of a former Commissioner of Market Competition and Rates of NERC, Mr. Eyo Ekpo, over the process that led to controversial tariff review carried out in 2015.
They, however, differ on the subject matter.
The duo had taken to the social media, on Wednesday, to give account of issues that led to the reduction and increase in electricity tariff towards the end of the former President Goodluck Jonathan-led administration. (Nigerian Tribune)
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