A United States of America based Nigerian and a chieftain of the Abundant Nigeria Renewal Party (ANRP) Chris Emejuru has said there is need for foreign direct investment in the power sector if the federal government wants to solve the nation’s power challenges.
He also canvassed for formal meeting with relevant key players in the power sector, saying that adoption and deployment information communication technology among these players will prevent fraud.
In a statement released to newsmen Sunday in Abuja, the young politician said if elected president in 2023, he will scrutinise the bottlenecks within industry even though he admitted that the industry was complicated and needed to be taken seriously.
“Currently there are bottlenecks that I will scrutinize, but the quality of stakeholders who work in an understandably complicated environment need to be taken seriously with license removal being the last resort.
“Formal meetings with all relevant participants in the power sector need to be established with one issue in focus. That is prevention of fraud through Information Communication Technology. Along with Information Technology there should be checks and balances to make sure all stakeholders are law abiding, and that is how you fight corruption in the power sector.
“Prevention creates the desired result in any industry and is the cornerstone of building a robust market as well as society.
“There should be standards in terms of infrastructure within the power sector. From generation of power to the ways of transmission, to distribution of meters, each should meet the satisfaction of what is stipulated in the EPSRA (2005) or remain obsolete.”
