Jonathan’s Doggedness Ensured Success of Power Sector Transactions –BPE

BPE boss gets awardDirector-General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Ezra Dikki has attributed the success of the Power sector transaction to the dogged determination of the President Goodluck Jonathan’s administration which ensured that all inhibitions to the transaction were removed.

Speaking in Abuja on Thursday, March 20, 2014, when he received the 2013 Man of the year award organized by The Oil & Gas Year (TO &GY), Dikki said that the Bureau alone would not have recorded the tremendous success in the transaction if President Goodluck Jonathan and Vice-President Namadi Sambo had not given the needed fillip.

He recalled how during the signing of the industry documents for the transaction, some of the critical stakeholders were foot–dragging until the President gave marching orders to them to expediently play their roles.

The DG dedicated the award to the President for “his focus, determination and meticulous follow-throughs which saw the success of the Power Sector transaction”.

Likening what transpired in the power sector transaction to a popular saying, Dikki said: “The President held the head of the snake and allowed the BPE to play with its tail”, adding that without the President’s courage, it would not have been a success.

The DG who was recognized by the TO&GY for being instrumental in driving the Power Sector transaction to its logical conclusion, commended the organizers for their integrity.

Also speaking at the event, the Executive Secretary of Nigerian Content Development and Monitoring Board, Engr.Ernest Nwapa urged Nigerians to embrace deregulation of the economy to enhance development.

He gave an example of the liberalization of the telecoms sector which he said had opened up several opportunities in the sector and given easier and cheaper access to telephony which were absent when it was a government monopoly.

Nwapa called for the passage of the Petroleum Industry Bill (PIB) to open up the Oil & Gas sector and ultimately, the Nigerian economy.

While commending the privatization of the power sector as it would bring about efficiency and service delivery, he urged Nigerians to consider the removal of oil subsidy as it was the only way to develop and open up the sector.

The award was in six categories.

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