Dams: FG Denies Privatisation Plan - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
March 13, 2019
TheMinister Of Water Resources, Suleiman Adamu Has Denied Claims That It WasPrivatising The Nation’s Dams, Saying What Was Being Done Was HydropowerConcessioning.
AdamuSaid This At The Opening Of A Media Water Sector Workshop In Abuja.
AccordingTo Him, What Is Being Done Is To Give Partial Ownership To Beneficiaries ToDevelop The Hydro Power Component For The Overall Benefit Of Nigerians.
AdamuSaid The Concessioning Model, Being Facilitated By The InfrastructureConcessioning And Regulatory Commission And Bureau Of Public Enterprises AllowsA Concessionaire To Take Custody Of The Project For A Period Of Time AsDetermined By The Financial Analysis.
HeAdded That The Concessionaire Would Be Responsible For Generating Hydro PowerAnd Connecting It To The Transmission Network Made Available By TheTransmission Company Of Nigeria For Distribution.