The senator representing Bayelsa East constituency, Sen. Ben Murray Bruce, has said that he had figured out and understood the problems facing and militating against the power sector, thus marshals them out for fellow members to understand. According to him “As the chairman of privatization, I think I understand the problem we have with the power sector.
“We have the Gencos, we have the distribution line and we have the Discos. “These companies were privatized a few years ago on the premise that they will charge cost reflective tariffs to make it profitable. “Those who privatized the sector I assume did not imagine the Niara will be devalued from 160 to 500, 380,400. he said”
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The post Video: Problems we have with the power sector – Ben Bruce appeared first on Vanguard News.
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