By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The CapitalThe CapitalThe Capital
Notification Show More
Font ResizerAa
  • Home
  • News
    • Featured
      • Featured Profile
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Reading: It’s not FG’s problem if Nigerians lack electricity – Fashola
Share
Font ResizerAa
The CapitalThe Capital
  • Home
  • News
  • Business
  • Politics
  • International
  • Entertainment
  • Lifestyle
  • Opinion
  • Sports
Search
  • Home
  • News
    • Featured
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Have an existing account? Sign In
Follow US
News

It’s not FG’s problem if Nigerians lack electricity – Fashola

December 13, 2018 10:54 am
The Capital
Share
SHARE

If you don’t have electricity, it is not the Federal Government’s problem, the Minister of Power, Works and Housing, Babatunde Fashola, has declared.

Fashola, who disclosed this while speaking at the Nextier Power Dialogue on Wednesday night in Abuja, told his listeners that there were problems in the power sector, but reminded them that it was not the Federal Government’s problem if citizens in the country do not have electricity, especially since the sector was privatised.

He said, “There are problems without a doubt and we must deal with them. But let me remind you, all of the assets that the Ministry of Power used to control for power have been sold by the last administration before I came. And so if you don’t have power, it is not the government’s problem. Let us be honest.

“The people who are operating the power sector, generation and distribution are now privately owned companies. I am here because I am concerned. If your telephone is not working, it is not the minister of communication that you go to. Let us be very clear.”

The minister added, “So for those of you who want to weaponise electricity, face the businessmen who have taken it up. Let us be honest. If your bank over-charges you interest, is it the minister of finance you go to? So let’s be clear. This is now a private business by Act of parliament 2005.

“My role is regulatory, oversight and policy, but I have a problem which is the fact that I can’t see a problem and turn my back, so I’m getting involved. So the people you should be talking to about transformers is not me, the ministry doesn’t supply transformers anymore.”

See also  FEC may approve MTEF Monday

Fashola further defended his position after another participant at the dialogue insisted that the minister supervises the ministry and that the Gencos and Discos were players under the FMPWH.

Taking a cue from the analogy given by the participant while answering the question asked, the minister said, “I think that NERC (Nigerian Electricity Regulatory Commission) is the referee of the game. I am FIFA (Federation of International Football Association). And it is not right as you said that FIFA gets involved, because whether the referee makes a mistake or not the goal stands.

“So the FIFA man does not enter the field to say go and change the result, but it’s an interesting analogy that I’ve also contemplated in my head and that’s why you didn’t catch me by too much surprise. However, it is important to allow the referee to continue to decide the game because investors like to know who decides.”

You Might Also Like

Oluwo Announces March 19 Wedding Date With Kano Princess
Fraud: Yari Appealing N248m Forfeiture Order, Says Aide
Islamic Cleric Defies Sultan, Announces Another Eid al-Fitr Day in Nigeria
Ohanaeze Attacks Buhari Over OIC Meeting, Gbajabiamila Convert To Islam
Tinubu Fires Five Aviation Agencies Heads, Suspends NCAA Boss
Share This Article
Facebook Email Print

JUST IN: Court Sacks Wike’s Backed Exco; Gives Fresh Order

The Court of Appeal sitting in Port Harcourt, on Friday, upheld the…

BREAKING: Amaechi Speaks on Accepting Atiku’s Running Mate Offer

Former Minister of Transportation, Rotimi Amaechi, has refuted claims that he was…

Atiku Picks Popular Ex-Minister as Running Mate – Source

Strong indications have emerged within opposition circles that former Vice President Atiku…

BREAKING: Top APC Senator Joins NDC for 2027 Election

Former Deputy Senate President and influential Delta politician, Senator Ovie Omo-Agege, has…

Full List: PDP Governorship Candidate Emerging Across Nigeria

The Peoples Democratic Party (PDP) has concluded governorship primaries in Plateau, Oyo,…

Follow US

Find US on Social Medias
FacebookLike
XFollow
TelegramFollow
WhatsAppFollow

You Might Also Like

EFCC Intercepts N54m at Airport, Probes Six Suspects

March 30, 2019

Why Oritsejafor plots against ECWA Candidate from Contesting for CAN presidency

May 23, 2016

Why I killed SuperTV Boss, Ataga – Suspected Murderer

June 24, 2021

Pastor Adeboye Releases Prophecies For 2023

January 2, 2023

Categories

  • News
  • Homepage
  • Business
  • Politics
  • Top News
  • Highlife
  • Entertainment
  • Sports
  • Lifestyle
  • Inside Boardroom

About The Capital

We deliver premium coverage of business, politics, lifestyle, entertainment, and society stories shaping Nigeria and beyond. Through credible reporting, insightful features, and engaging digital storytelling, we keep readers informed on the people, trends, events, and conversations driving modern culture and public discourse.
Quick Links
  • About
  • Advertise
  • Contact

Connect with us on Social Media

Facebook X-twitter Whatsapp Envelope

Send us email: [email protected]

© thecapital.ng. All Rights Reserved. Designed by Semasir Connect.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?