Those affected are the Chief Executive Officer, CEO, Transmission Company of Nigeria, TCN, Mr. Akinwumi Bada; Uzoma Achinanya, an engineer and former Market Operator and Mr Olusoga Muyiwa, Executive Director of Human Resources (PHCN).
They were replaced immediately. Olusola Akinniranye, an engineer, the executive director, Transmission Services Provider at the TCN, replaced was Bada as CEO. Evaristus Mogbo, an engineer, was promoted Market Operator to replace Achinanya. There was no replacement for Muyiwa.
The Minister of Power, Prof. Bart Nnaji, who came back on Sunday from the United States where he met with the officials of the US Export-Import Bank to facilitate access to the $1.5 billion power financing promised by the bank, summoned the chief executives to a meeting yesterday in Abuja to find solution to the sharp drop in power generation.
A statement from the Minister said the appointments were made to enable the power sector reform regain momentum.
He said: “There will be continuous reorganization of the industry until we achieve efficiency and effectiveness,” adding that the new appointees to live up to expectation, as government would no longer tolerate delays in the implementation of the power sector reform.
“We have said it before that you are in charge; you must live up to the responsibility that is given to you or expect to see a reaction for not doing so,” he said.
He said: “For now, what we want to communicate here is that we are going to rigorously pursue any hindrance to power supply. And to ensure that we clean up the system, we have to make sure that we deliver more reliable electricity to the country.
“And that is what this meeting is about. We have got everybody that is involved. The only ones that are not here are the gas suppliers, but we will get to that because we are going to have an inter-ministerial meeting to critically resolve those issues.”
“We also want to look at the power generation to ensure that there is predictability in power generation so that CEOs don’t do whatever they like. In terms of power generation, we want to know how much power we are going to have this month, next month from each plant, so that we will be able to predict and manage more reliably the system,” Nnaji said.
The meeting with chief executives of successor companies was attended by the Minister of State (Power), Mr. Darius Ishaku; Chairman, Nigeria Electricity Regulatory Commission, NERC, Dr. Sam Amadi; and the new Permanent Secretary in the Ministry of Power, Dr. (Mrs) Dere Awosika and other directors of the Ministry.