FEDERAL MINISTRY OF POWER, WORKS & HOUSING

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LATEST PRESS
28 November, 2017
Vice President Yemi Osinbajo, SAN

We Have Clearest Pathway to Reform Power Sector – VP Osinbajo

*  World Bank’s Senior Director praises FG for Ease of Business Ranking Feat

The Buhari administration has now devised a clear pathway to achieving its power sector reform objectives, according to Vice President Yemi Osinbajo, SAN.

The Vice President stated this today at the State House in Abuja when he met with a delegation of officials from the World Bank (WB) and the International Finance Corporation (IFC) led by Mr. Riccardo Puliti, Senior Director of the Bank’s Global Energy Practice.

Speaking to the delegation at the meeting which had in attendance the Minister of Power, Works and Housing, Mr Babatunde Fashola and the Minister of Finance, Mrs Kemi Adeosun, the Vice President assured “we are completely committed to ensuring that we play our part in the arrangement and we think that this possibly one of the clearest pathways in a long time”

He lauded the partnership between the Federal Government and the World Bank team for the commitment and support shown to the implementation of the Power sector recovery programme.
Prof. Osinbajo noted that the partnership with the World Bank has “helped us a great deal with the timelines and milestones that have to be achieved and also a great deal in refining our own approach to the entire reform process”.

During his remarks, the leader of the delegation and a Senior Director on Global Energy Practice at the World Bank, Mr Riccardo Puliti expressed satisfaction with Federal Government’s cooperation and commitment to the reform of the power sector. He noted that the partnership between the World Bank and the Federal Government is a model which would add great value to the power sector in Nigeria.

Mr Puliti equally praised the Buhari Presidency for the remarkable feat achieved in the ease of business ranking released recently by the World Bank, noting that it is a major milestone for the country’s economic reform programme.

Meanwhile, the Minister of Power, Works and Housing, Mr. Fashola told journalists after the meeting, that the delegation was in the State House to brief the Vice President on the progress made by the Federal Government working with the World Bank on the Power Sector Recovery Programme. He assured that the reform programme is intended to solve various problems confronting the sector and would make the sector effective, as well as make it responsive to consumers and customers who will be ultimate beneficiaries of the on-going reform programme.

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PHOTO NEWS
17 July, 2017

FASHOLA OYEGUN OTHERS AT THE 11TH ABUJA HOUSING SHOW

Hon Minister of Power Works Housing Mr Babatunde Fashola SANleft and National Chairman All Progressives Congress Chief John Oyegunright shortly before the Opening Ceremony the 11th Abuja Housing Show on the theme Solving Nigerias Housing Challenge through Innovative Finance and Infrastructure Solutions organized by Fesadeb Media Group at the International Conference Centre Abuja on Monday 17th July 2017

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POWER NEWS
PHOTO NEWS
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Hon Minister of Power Works HousingMr Babatunde FasholaSAN middle Chairman Senate Committee on PowerSenator Enyinnaya Abariberight and Chairman Editorial Board of The Guardian Newspapers Professor Wale Omole left during The Guardian Power Summit 2017 with the theme Beyond Rhetoric Turning Nigerias Power Sector Value Chain Potentials to Profitat the Four Points By Sheraton Victoria Island Lagos on Monday 14th September 2017

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