Wednesday, July 27, 2011

Nnaji Reads Riot Act to Power Company CEOs

27 July 2011

Any Chief Executive Officer from the 18 unbundled PHCN companies who
fails to meet the power targets agreed to be delivered to the nation
will not be allowed to continue as manager, Power Minister Prof. Bart
Nnaji said at a meeting which was held in the Ministry’s Boardroom

In his first meeting with the 18 CEOs and other top level managers in
the generation, transmission and distribution companies, the Minister
reminded them of the service level agreements (SLAs) that they signed
through which the nation was expected to enjoy nearly 4,000MW of

Any CEO that fails to meet the agreed target will be visited with the
consequences of non-performance, he said.

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