POWER SECTOR : EFFORTS TO ADDRESS LIQUIDITY ISSUES, END PIPELINE VANDALISM IN NIGER DELTA RECORD PROGRESS

· As Fashola chairs 12th Monthly Meeting with Power Sector Operators in Ibadan

· TCN announces completion of the Osogbo–Ede line, transformer installation project in New Bussa; progress on Abeokuta-Igboora-Lanlate Line, other transmission projects in Iseyin,Ago- Iwoye, Magboro, Benin-Akure, Gamo-Ogbomoso

Fashola

Progress has been reported on steps being taken by the Federal Government to address the issue of liquidity in the Power Sector just as the engagement of Niger Delta Communities by the Acting President, Professor Yemi Osinbajo, to find lasting solution to pipeline vandalism in the region is also yielding fruitful results.

The progress reports which also included key policy steps taken by the Federal Government to improve the stability of the Sector such as the inauguration of new Commissioners for the Nigerian Electricity Regulatory Commission (NERC) and the appointment of an interim Managing Director of the Transmission Company of Nigeria (TCN) to reform the company for a more robust service to the industry came to the fore on Monday at the 12th Monthly Meeting of the Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, with Power Sector Operators in Ibadan, Oyo State.