By Ediri Ejoh
THE management of Ibadan Electricity Distribution Companies, IBEDC, has warned that Nigeria’s power sector is on the brink of collapse as its dysfunctional and foundation related issues are yet to be addressed.
This came as the company signed a Memorandum of Understanding, MoU, with the United States Power Africa on technical partnership to improve its service across the network coverage at the Obasanjo Presidential library at Abeokuta in Ogun state.
Speaking on the issues confronting the power sector, Managing Director/ Chief Executive Officer, CEO, IBEDC, Mr. John Donnachie, stated that the power sector was full of complicated policies that do not address the root problems. He said “I believe the more complicated we are making the power sector, the more problems we get. We need to solve the foundation of the power sector first. The foundation is…
Read More…..Vanguard Newspaper