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Power Sector Investors Demand Settlement of N50bn Debt
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Power Sector Investors Demand Settlement of N50bn Debt

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 Investors in the nation’s power sector have called for

the settlement of N50 billion owed them,while also calling for the introduction of a realistic tariff structure, reflective of the current rate of inflation and foreign exchange rate.

The Chairman of Heirs Holding/Transcorp Power Ltd, Mr. Tony Elumelu, speaking tuesday at a two-day interactive dialogue/workshop on the Nigerian power sector, organised by the National Assembly, said investors in the sector could not be expected to perform miracles, with the N50 billion owed them.

The workshop with the theme, “Nigerian Power Challenge: A Legislative Intervention,” had in attendance Senate President Bukola Saraki, Speaker of the House of Representatives, Hon. Yakubu Dogara, Minister of Power, Works and Housing, Mr. Babatunde Fashola, and other stakeholders.

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