News

FG to power sector players: We’ll wield the big stick if…

The Federal Government (FG) told key players in the Nigeria Electricity Supply Industry (NESI) on Thursday that it will not hesitate to wield its big stick against non-performance.

The Minister of Power, Adebayo Adelabu, gave the warning while delivering his closing address at the Ministerial retreat on the integrated national electricity policy and strategic implementation plan, with the theme: Navigating and Aligning on the Plan to Enhanced Electricity Reliability.

While stressing the importance of performance, he said the Ministry is currently exploring dialogue options with players along the NESI value chain.

However, he said, If after we have explored all these options in talking to ourselves and we still did not perform, we can now wield the big stick.”

He stressed the need for agencies, departments, and parastatals under the Ministry to stick to ensuring that they deliver on their deliverables.

“Performance management is very key. Setting key deliverables for ourselves. The high-end deliverables that we have are being cascaded into each department, unit, and agency, and everyone must deliver on their own respective deliverables.

“Whoever does not deliver should know that his own time is near.”

Also, he noted that the retreat is to come up with a set of policies that are collectively agreed upon by all industry operators.

He said the policies would be those that are collectively supported and embraced to ensure that the industry has a sustainable and enduring policy framework.

YOU SHOULD NOT MISS THESE HEADLINES FROM TheWitness

GSK/P&G exit: Why investors are leaving Nigeria — Atedo Peterside

Founder of Stanbic IBTC Bank, Atedo Peterside has revealed cogent reasons investors are running away from

How my client raped me during ritual at his house — Female traditional healer

A 26-year-old South African female traditional healer has narrated her horrifying experience of being allegedly raped by

Naira falls to N1,099/$, closes gap to parallel market value

The official foreign exchange (FX) market on Friday oscillated downwards, thereby shrinking the gap/spread between the official and

RIVERS CRISIS: Wike’s loyalists restrategise, insist on Fubara’s impeachment

IN spite of the intervention of President Bola Tinubu in the face-off between Governor Sim Fubara of Rivers State and his predecessor, Mr Nyesom Wike, there are

Why the north suddenly cares about northern lives

It should be made clear from the outset that I am overwrought with immense grief by the heartbreaking but

Naked Olympics: Sporty naturists take to the beach in Rio to compete at the Naked Olympics

A group of brave nudists are competing in Rio’s NAKED Olympics every weekend, in a stripped back version of