Power
THE Bureau of Public Enterprises, BPE, says that its attention has been drawn to a news publication alleging that “the Federal Government is currently gearing up to put the Transmission Company of Nigeria, up for Sale”.
The BPE said in a statement that “the news is completely false in all its ramifications” and that “the allegation is a mere fabrication by mischief makers aimed at creating room for another needless strike by electricity workers”.
It stated that the actions of the Federal Government in the power sector are guided by well-articulated policy documents and extant legislations.
It recalled that the Federal Government had in 2001 approved the Nigerian Electric Power Policy, NEPP, document. The NEPP formed the basis for the enactment of the Nigerian Electricity Power Sector Reform Act, EPSRA, 2005.
It also recalled that a RoadMap for the reform of the power sector was issued in 2010 and that none of these documents envisaged the privatization of TCN and that was why a management contract was put in place to reorganize and optimize the operations of TCN during the 2013 privatization exercise.
“The Federal Government has not changed its policy nor amended the EPSRA as it relates to TCN.
“The Bureau therefore urges electricity sector workers and indeed the general public to ignore completely this false publication,” it added.
A.I
Tags: Bureau of Public Enterprises EPSRA NEPP Nigerian Electric Power Policy
