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Business News of Friday, 3 May 2024

Source: gistmania.com

'Some Nigerians don't want power sector to work due to selfish gains' - Adelabu

Chief Adebayo Adelabu Chief Adebayo Adelabu

Minister of Power, Chief Adebayo Adelabu, has said that some Nigerians do not want the progress of the power sector because of their selfish gains.

Adelabu who spoke at the commissioning of the 63 MVA, 132/33kV mobile station at Ajah, Lagos State, stated that while he knows there will be resistance and distractions, Nigerians will start seeing the overwhelming impact when some TCN projects are completed.

He said: “We have had over 40 ministers in the past and we are still here, we know there will be resistance and distractions but Nigerians will start seeing our overwhelming impact the moment we complete the TCN projects.

“Nigerians should not be cheated and that is why I don’t call this new tariff cost-reflective but service reflective."

The Minister also said that all discos must provide 20-24 hours of electricity before they charge N225/ kwh, adding that “they will be fined heavily" if they violate this.