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| Minister of Power, Prof. Chinedu Nebo |
The
Federal Government on Tuesday inaugurated the management team of the
Electricity Management Services Limited, a new company that will take
over some non-core professional services of the Power Holding Company,
which will soon to be declared defunct.
The Nigerian Electricity Power Sector
Reform Act, 2005 provided for the EMS, which has been incorporated as a
government-owned limited liability company under the Ministry of Power.
Inaugurating the management of the
company in Abuja on Tuesday, the Minister of Power, Prof. Chinedu Nebo,
said the PHCN would be confirmed defunct in a few weeks after the
declaration of the Nigerian electricity transition market.
He explained that the EMS would take
over the responsibilities of some non-core professional and subsidiary
services of the PHCN and its successor companies.
Nebo said, “The post privatisation
challenges of the rapidly evolving private sector-led power industry
cannot be overemphasised, hence the establishment of the EMS as a player
in providing sector wide services.
“The importance of establishing the EMS
is, therefore, informed by the need to have a professional and
technical agency of government at this crucial stage of the power sector
reform to close up the technical gaps, which might have been created.
“It must be able, after today, to
provide the needed services to drive, support and sustain the emerging
private sector-led electricity industry in Nigeria.”
The mandate of the company, the
minister added, included providing all needed ancillary and support
services to the Nigerian electricity supply industry.
These services include engineering
laboratory, meter test stations, central stores system as well as
testing and certification of major electrical equipment.
Other activities include providing the
platform for standardisation in the industry, archiving the power sector
data and information management.
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