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Adelabu Inaugurates Ministerial Power Sector Working Group

LEADERSHIP News by LEADERSHIP News
2 years ago
in Business
WhatsApp Image 2024 07 17 at 6.29.41 PM
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The Minister of Power,  Adebayo Adelabu  has  inaugurated the Ministerial Power Sector Working Group  to  serve as a platform for supervisory,  monitoring and oversight control of the power sector.

Adelabu, while speaking at the inauguration in Abuja, said that the working group would serve as a platform for the supervision, monitoring and oversight control of the sector.

He also said that the group would also clarify issues with detailed explanation of what is happening in the sector, since the activities are interrelated.

The minister said that though there had been existence of the meetings in the past, it was necessary to re-introduce and improve on it by inaugurating the group.

He said that the major reason for re-introducing the meeting of the working group is to create a platform for information sharing, dissemination and sector wide communication medium, which is key to greater productivity.

“The meeting of the working group would serve more like a backup for sector coordination and centralised project management.

“The  benefits of the meeting of the working groups is the synergy that we tend to gain from coming together for the first year and capacity optimisation,” he said.

 

Adelabu said that the meeting would further serve as a training platform and a refresher opportunity for optimum representation of the power sector.

 

He urged the working group to work hard to achieve the set target.

 

Also, at the meeting, directors and  agencies under the supervision of the Ministry of Power also signed a  performance contract to ensure proper tracking and supervision of projects.

 

The performance contract was signed on behalf of the agencies by the chief executive officers ( CEOs) and the permanent secretary, Ministry of Power on behalf of the Directors.

 

The agencies which signed the contract included the Transmission Company of Nigeria (TCN), Rural Electrification Agency (REA), National Power Training Institute (NAPTIN), Nigerian Electricity Management and Safety Agency (NEMSA).

 

Others are the Nigeria Electricity Regulatory Commission (NERC), Nigeria Bulk Electricity Trading (NBET) and the  Nigeria Electricity Liability Management Ltd  (NELMCO).

 

“What  we are doing by the  signing of the performance contract which is like a bond that will compel each and every one of us to deliver on our target.

 

“In November 2023, as   Minister of Power, I signed a performance contract with the President Bola Tinubu which summarised what he expects from us.

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“We have cascaded that contract down to the departments and agencies in the power sector that will contribute to the overall achievement of what we signed with Mr. President.

 

“As we know that it is a top -down approach, which is also a bottom-up approach,” he said.

 

The minister, however, expressed confidence and assurance that the overall target would be achieved by the working group.

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