BPE eyes body to tackle Power sector challenges
The Bureau of Public Enterprises (BPE) is eying the setting up of a central body to act as a clearing house for all the challenges faced by operators and stakeholders in Nigeria’s privatised electricity market.
The body said it made the recommendation to complement the jobs of the Nigerian Electricity Regulatory Commission (NERC).
BPE’s Director General, Mr. Alex Okoh, said in a meeting in Abuja that the setting up of such central body to act as a clearing house and perhaps storekeeper of suggestions on how to move past the sector’s challenges was one of the proposals the agency had made.
He did not state if the recommendation had been accepted but added the BPE considered this a good option because it was more in the centre of the relationship between the power operators and the government.
“We are having very robust engagements with the Discos especially because we sold the assets and hold the government’s 40 per cent interest in all of the Discos.
“We see our role as collaborative and to also engage our government counterparts for them to see the realities of the Discos businesses and accommodate a consideration of appropriate pricing or tariff for power,” Okoh said.
