N2.7tn spent on power since Obasanjo’s govt – Ministry

The Permanent Secretary of the Ministry of Power, Mr. GoodKnows Igali on Tuesday said a total of N2.74tn has been spent on the power sector since 1999.

He also said no engineer was employed in the public power sector for 11 years.

Igali said this at the beginning of the Senate probe of the sector.

According to him, the absence of proper investment in the sector prior to 1999 as well as acts of sabotage were largely responsible for the problems bedeviling the sector.

He explained that from the 1900s, when power first came to Lagos, power generation and distribution remained in the hands of government until the sector was unbundled in 1999.

Igali said, prior to 1999, “by law, even if you can generate power yourself, you cannot sell to your neighbour.”

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Posted By Bobricky On 08:39 Tue, 08 Sep 2015

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