The
former Minister of Power, Prof. Bartholomew Nnaji has emphasized the need for
government to speedily implement the Petroleum Industry Bill, PIB, saying its
passage would help improve the power sector.
Speaking
at the General Electric, GE, Conference on the challenges facing the power
sector and how GE, innovative machinery has helped improved the epileptic power
in the country; he said the incentives that should attract investors to boost
gas supply and help power reform are imbedded in the PIB.
Nnaji
noted that, “Oil majors in the country should give room for small companies to
manage and develop oil wells that are lying fallow”.
According
to him,