{"id":418993,"date":"2011-05-07T06:00:00","date_gmt":"2011-05-07T06:00:00","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/07\/stakeholders-urge-jonathan-to-expedite-action-on-power-sector\/"},"modified":"2011-05-07T06:00:00","modified_gmt":"2011-05-07T06:00:00","slug":"stakeholders-urge-jonathan-to-expedite-action-on-power-sector","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/07\/stakeholders-urge-jonathan-to-expedite-action-on-power-sector\/","title":{"rendered":"Stakeholders urge Jonathan to expedite action on power sector"},"content":{"rendered":"

\n<\/p>\n

Stakeholders in the Nigerian business community have urged President Goodluck Jonathan to take a crucial step towards revamping the nation\u2019s ailing economy by making power available for both commercial and domestic uses.<\/span><\/p>\n

In separate telephone interviews with SATURDAY PUNCH on Friday, the stakeholders cautioned Jonathan against playing politics with the crisis in the power sector, as it would affect how Nigerians will rate his administration.<\/span><\/p>\n

Jonathan, who was recently re-elected for a four-year term, has promised to address the epileptic power situation, which has had negative impact on productivity and currently discouraging investment in the country.<\/span><\/p>\n

Considering the overall negative effect on both small and medium scale businesses, as well as big corporations, entreprenuers in the country expect the incoming Federal Government to expedite action on the power sector, as soon as it is inaugurated on May 29, 2011.<\/span><\/p>\n

A credit management expert and economic analyst, Dr. Chris Onalo, said that having put the fear of post-election incidents behind them, Nigerians earnestly yearned to see the economy on the path of recovery.<\/span><\/p>\n

Onalo, who is the Chief Executive Officer of Credit Business Services Global Ltd, said that by improving on power supply, the government would have indirectly solved the problem of security and thus, minimised the cost of doing business in the country.<\/span><\/p>\n

He noted with dismay that the power situation, which appeared to have improved before the elections, had become quite worse.<\/span><\/p>\n

He said, \u201cThat is how some people play politics with the lives and future of millions of Nigerians. It is sad. President Jonathan should fulfil his promise to provide uninterrupted power supply by getting down to work immediately.<\/span><\/p>\n

\u201cHe needs to move on a fast track because things have really gone out of hand. He should go ahead with his privatisation plan. The economy cannot thrive on generators. He should give himself the first six months to unravel the problem and begin to address it.\u201d<\/span><\/p>\n

The Director, Capacity Building, Nigerian Institute of Management, Mr. Charles Oladimeji, said that there was no way the Federal Government could make any meaningful progress with the economy or power without stepping on some toes.<\/span><\/p>\n

Oladimeji said that Jonathan must be willing to confront major dealers in generators of all types and sizes.<\/span><\/p>\n

He observed that with reports linking some influential politicians in the country with some companies that manufacture electricity generators, resolving the power crisis would be a tough task.<\/span><\/p>\n

He said, \u201cThere should be no hidden agenda, no lies about the power problem this time around. The strategies should be well defined; generation and distribution should be addressed in phases. Manpower and resources should be deployed with the best team of experts inculcated irrespective of party or affiliation.\u201d<\/span><\/p>\n

Also, a social commentator and clergyman, Bishop Taiwo Akinola, urged politicians not to take for granted the signals waved at them by voters at the polls.<\/span><\/p>\n

He said politicians should realise that the electorate understood the collective power they possessed and would not hesitate to use it again, depending on the performance of those at the helms of the nation\u2019s affairs.<\/span><\/p>\n

Akinola called on President Jonathan to fulfil his promise on power supply without delay.<\/span><\/p>\n

Lamenting the huge sums of money that Nigerians spend in fuelling generators across the country, he urged the government to go ahead with its plan to privatise the power sector and to seek advice from professionals rather than politicians.<\/span><\/p>\n

He said, \u201cThe experience gained from the privatisation of telecommunication is instructive. Government should also convert the gas that is currently flared in the Niger Delta for power generation.\u201d<\/span><\/p>\n

The General Secretary, National Union of Electricity Employees, Mr. Joe Ajaero, had in a recent interview with SATURDAY PUNCH said that the federal government had what it required to bring the needed turn around to the power sector if it wanted.<\/span><\/p>\n

He said that it was unfortunate that most Nigerians always thought that the employees of the Power Holding Company of Nigeria were the major problems, whereas some people in the corridors of power were the ones who would not let the company do its job.<\/span><\/p>\n

Before the general elections, economic and financial experts in the country believed the outcome of the polls was a major factor that would determine the performance of the Nigerian economy in 2011.<\/span><\/p>\n<\/div>\n

Visit link:
\nStakeholders urge Jonathan to expedite action on power sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stakeholders in the Nigerian business community have urged President Goodluck Jonathan to take a crucial step towards revamping the nation\u2019s ailing economy by making power available for both commercial and domestic uses. In separate telephone interviews with SATURDAY PUNCH on Friday, the stakeholders cautioned Jonathan against playing politics with the crisis in the power sector, as it would affect how Nigerians will rate his administration. Jonathan, who was recently re-elected for a four-year term, has promised to address the epileptic power situation, which has had negative impact on productivity and currently discouraging investment in the country. <\/p>\n","protected":false},"author":0,"featured_media":418959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-418993","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment"},"yoast_head":"\nStakeholders urge Jonathan to expedite action on power sector - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/07\/stakeholders-urge-jonathan-to-expedite-action-on-power-sector\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Stakeholders urge Jonathan to expedite action on power sector - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Stakeholders in the Nigerian business community have urged President Goodluck Jonathan to take a crucial step towards revamping the nation\u2019s ailing economy by making power available for both commercial and domestic uses. 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