Director-General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki has attributed the successes recorded in the power sector reform and privatization to the dogged leadership provided by President Goodluck Jonathan and his Vice, Mohammed Namadi Sambo.
He stated this in Sapele, Delta state at the weekend during the official handover of Sapele Power Plc to the core investor, CMEC/EURAFRIC Energy Ltd.
Dikki said their insistence to the strict adherence to transparency and accountability was the difference between success and failure of the transaction.
The DG noted that it was not by chance that Nigeria’s power sector reform and privatization was adjudged the biggest, most transparent and comprehensive power sector privatization in recent history.
He assured Nigerians, especially the host community that Sapele Power Plc would soon achieve the maximum installed capacity and begin to expand capacity, creating more jobs and opportunities for all Nigerians.
The BPE boss enjoined Nigerians to be patient, adding that in a few years, the successes recorded in the Telecomm reforms would pale when compared to the opportunities expected in the power sector reform.
Dikki noted that Nigerians were more than ever before, closer to a new dawn where power would be taken for granted.
It would recalled that after the emergence of CMEC/EURAFRIC Energy Ltd as the preferred bidder for Sapele Power Plc. for a bid consideration of $201 million, the company was able to pay $50,250,000, which is 25% of the consideration by the deadline of March 21, 2013 as was required.
