The Federal Government on Tuesday inaugurated the
management team of the Electricity Management
Services Limited, a new company that will take over
some non - core professional services of the Power
Holding Company, which will soon to be declared
defunct.
The Nigerian Electricity Power Sector Reform Act,
2005 provided for the EMS, which has been
incorporated as a government -owned limited liability
company under the Ministry of Power .
Inaugurating the management of the company in
Abuja on Tuesday , the Minister of Power, Prof.
Chinedu Nebo, said the PHCN would be confirmed
defunct in a few weeks after the declaration of the
Nigerian electricity transition market, Punch
reported.
He explained that the EMS would take over the
responsibilities of some non- core professional and
subsidiary services of the PHCN and its successor
companies.
Nebo said , “The post privatization challenges of the
rapidly evolving private sector -led power industry
cannot be overemphasized, hence the establishment
of the EMS as a player in providing sector wide
services.
“The importance of establishing the EMS is,
therefore, informed by the need to have a
professional and technical agency of government at
this crucial stage of the power sector reform to close
up the technical gaps, which might have been created.
“It must be able , after today , to provide the needed
services to drive , support and sustain the emerging
private sector - led electricity industry in Nigeria. ”
The mandate of the company , the minister added,
included providing all needed ancillary and support
services to the Nigerian electricity supply industry .
These services include engineering laboratory , meter
test stations , central stores system as well as testing
and certification of major electrical equipment .
Other activities include providing the platform for
standardization in the industry , archiving the power
sector data and information management .
Nebo, however, declined to speak on the controversy
that followed the failure of the Bureau of Public
Enterprises to invite reserve bidder for the Enugu
Electricity Distribution Company when the preferred
bidder, Interstate , failed to pay the balance of 75
per cent of the bid price before the deadline expired
on August 21.
The minister said the privatization agency was not
under his purview , adding that the agency was
reporting directly to Vice -President Namadi Sambo,
who chairs the National Council on Privatization.
He, however, said the newly inaugurated EMS would
not receive all the subventions it needed to work
from the government as it was expected to make
profit for its operation and for the national treasury.
Speaking at the ceremony, the Managing Director ,
EMS, Mr . Peter Ewesor , pledged the loyalty of the
management in realizing the vision for establishing
the company .
“We realize from past experience that the job is
challenging and we will brace ourselves for the task
with the greatest determination to succeed ,” he
said .
Ewesor said the management was committed to the
vision of the administration to deliver uninterrupted
power supply to Nigerians and bring them out of
darkness.
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