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.
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