.

The Presidency, on Tuesday gave matching orders to the private power companies to ensure that there is steady electricity in Nigeria by June 2014.

The Minister of Power, Professor Chinedu Nebo, announced the deadline at the inauguration of the new board of the Transmission Company of Nigeria, TCN.

Professor Nebo, said that the six month ultimatum is to show government’s seriousness on the issue of power.

Seventeen successive companies were created out of the Power Holding Company of Nigeria, PHCN, as part of the privatization exercise.

The Power Minister warned that no excuses would be entertained for failure to achieve the June deadline.

The minister also hinted that the Federal Government was reviewing the power contract with Manitoba Hydro International, due to some discrepancies and strong reservations raised by the National Assembly

Source: http://www.channelstv.com/home/2014/01/07/fg-gives-private-operators-deadline-for-steady-power/?utm_source=&utm_medium=twitter