Our focus this week on the Power Sector Recovery Programme is on the tenth “Action Steps towards PSRP Intervention Implementation”. Which is, Restore proper sector governance: Restore proper sector governance to improve investor confidence.
The Action steps towards implementation include:
- Current BPE directors in DisCio Boards are replaced by qualified independent professionals through a transparent process.
- Identification and appointment of qualified board of sector agencies including NBET, TCN, NELMCO, NEMSA, NDPHC and REA.
- Provide extensive and continuous training for FGN board representatives
- FGN to put in place a special police department or provide DisCos with required police staff to help them enforce payment discipline. Engage State Governments to use local courts to adjudicate energy offences.