Nigeria must end dependence on govt to fund electricity sector — Presidential aide

By Obas Esiedesa, Abuja
Special Adviser to the President on Power, Dr. Lanre Babalola, has said Nigeria must end its long-standing dependence on Federal Government funding and interventions to sustain the electricity sector.
Babalola, who is also Chairman of the Presidential Task Force on Power Sector Reset and Restoration, said the sector must be restructured to attract private capital and operate on a commercially sustainable basis.
He spoke in a keynote address titled “From Market Survival to Market Sustainability: Resetting Nigeria’s Electricity Sector for Growth,” delivered at an event marking Dr. Joy Ogaji’s 15 years of service in Nigeria’s power sector and 10 years at the hel...