President Muhammadu Buhari has approved the composition of a Power Sector Reform Coordination Working Group, under the leadership of Vice President Yemi Osinbajo (SAN), in a bid to consolidate the efforts of the Federal and State Governments efforts to fix the sector.
A statement from Malam Nasir El-Rufai, chairman of the committee set up by the National Economic Council (NEC) on Power sector reforms and Distribution Company ownership (DISCOs), said that the new Working Group will incorporate the ongoing efforts of his committee and ensure all power sector initiatives are on the same page under the leadership of the Vice President Osinbajo.
According to the statement, membership of the group comprises Governor of Kaduna State, Malam Nasir El-Rufai, representing the Nigeria Governors’ Forum as well as the National Economic Council and the Chief of Staff to the President, Malam Abba Kyari, who leads the German Government/Siemens initiative to improve power supply.
Other member of the group are the Minister of Power, Engr Saleh Mamman, and Minister of Finance, Budget and National Planning, Hajiya Zainab Shamsuna Ahmed and the Governor of Central Bank of Nigeria(CBN), Mr Godwin Emiefele. Special Adviser to the President on Infrastructure, Ahmad Zakari is the secretary of the Working Group.
The statement recalled that in November 2019, the NEC had constituted an ad-hoc Committee to determine the nature and extent of State Governments’ ownership of Distribution Companies (DISCOs) and provide feedback on the challenges afflicting the power sector reforms.
‘’This new presidential working group will coordinate ad-hoc committee and other efforts on a national scale, and report progress fortnightly to Mr. President,’’ the statement clarified.
According to the statement, ‘’the presidential working group, which will meet weekly, commenced work at the Presidential Villa on Tuesday, at a meeting at which the Vice President presided.’’
The statement further said that ‘’the President will receive updates and briefings twice a month on the progress of the National Working Group.’’
The statement emphasized that ‘’the key objective of the working group is to harmonise various efforts by the Federal Government and the 36 States, through the National Economic Council (NEC), on power sector reform and to oversee the design and implementation of a well-coordinated roadmap for the sector.
‘’The national working group will support critical financing initiatives with the World Bank Group, DFID and other key development partners. The group will also ensure that ongoing Federal and State initiatives are in sync with the Presidential Power Initiative being implemented with the German government and Siemens, and infrastructure investments of the TCN and the Ministry of Power,’’ the statement added.
