Minister of Power, Prof. Barth NnajiPresident Goodluck Jonathan Monday ordered the immediate retirement of three key functionaries in the Power Holding Company of Nigeria (PHCN) and its successor companies over the deteriorating state of power supply in the country.
Minister of Power, Prof. Bart Nnaji, who broke the news at an emergency meeting with chief executive officers (CEOs) of successor companies at Sheraton Hotels and Towers, Abuja, said new appointments were being made to enable the sector reform regain momentum.
The officers being retired are the CEO of Transmission Company of Nigeria (TCN), Mr. Akinwumi Bada; former Market Operator, Mr. Uzoma Achinanya; and the Executive Director of Human Resources at the PHCN, Mr. Olusoga Muyiwa.
The minister said to move the sector forward, Jonathan had also appointed the Executive Director, Transmission Services Provider at the TCN, Mr. Olusola Akinniranye, to replace Bada as CEO, while Mr. Evaristus Mogbo is promoted as Market Operator to replace Achinanya. No replacement has been made for the retired HR Director.
Nnaji, who was said to be visibly worried about the worsening electricity crisis across the country in the last three weeks, promised that the Power Ministry would do everything possible to deliver on the president’s mandate of adequate electricity supply to Nigerians.
He warned that the reorganisation would continue until the mandate is achieved.
“There will be continuous reorganisation of the industry until we achieve efficiency and effectiveness,” he said at the meeting.
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