“The truth from what we heard, it won’t be anything sooner than five years to see any significant improvement in the power situation and in the power sector. When they say short term, we are talking about five years,’
The commissioner said that the purpose of the 7th Lagos Economic Summit, Ehingbeti 2014 which was held between April 8- 10, 2014, at the Eko convention centre of Eko Hotel in Lagos was to present an enabling environment for investors who are majorly from Europe;
“Well, I think we’ve provided the platform and a good one at that to discuss the issues; and a lot of people who attended now understand better, the nature of the power industry, what the issues are, what it will take to solve them."
The commissioner also allayed fears that the economic summit might be jettisoned by the coming administration.
Source: Vanguard
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