Last week, the EnergyNet Nigeria team met with industry stakeholders to discuss the upcoming Powering Africa: Nigeria meeting which is taking place on 14 and 15 September at the Transcorp Hilton in Abuja.
The week was exceptionally productive and with a lot of balls metaphorically in the air, the overwhelming message is that all public sector institutions are committed to maintaining momentum in this transitional phase for the power sector.
In the absence of appointed Ministers under the new Presidents administration, the Vice President is taking an important role in assessing and handing over the power sector.
It is clear that there is confidence in President Buhari’s vision as there is on-going consultation between the Office of the Vice President and state arms such as the Ministry of Power, the Presidential Task Force on Power, National Electricity Regulatory Commission, Nigerian Bulk Electricity Trading Company, Bureau of Public Enterprises, Nigerian Sovereign Investment Authority and the Ministry of Finance.
The public sector confirmed to EnergyNet that although the waters appear still, the Vice President, Permanent Secretaries and public sector are still very much active in ensuring that momentum is not lost and that the hand over to the new Minister – when appointed – will be smooth, efficient and with purpose.
With the Ministry continuing to move forward, under the stewardship of the Permanent Secretary of Power supported by President Buhari as evidenced by his accompaniment of the President on his trip to Washington DC, the Powering Africa Nigeria meeting now boasts the official support of Ambassador Godknows Igali who will speak to the transition to the new government and the immediate steps for the sector.
With the official support of the Ministry(s) of Finance and Power, BPE, NERC, NBET, ICRC, NSIA and the Presidential Task Force on Power, Powering Africa: Nigeria will be the very first gathering of the power sector since the April elections.
This meeting will help to set the tone for the new administration’s role in the Transitional Electricity Market, as it creates a platform for dialogue between the international and local power players, the essential government entities and the private sector.