According to The Cable, although Louis Edozien, former executive director of Niger Delta Power Holding Company, was named as the permanent secretary of power on Tuesday, it's likely he turns out as the most senior officer in the ministry. A special adviser on power, who will co-ordinate the sector, is expected to be named by Buhari. This development is as a result of the conclusion of the privatisation of the power entities making the ministry of power invalid.
A Presidential source said, “After the generating and distribution companies have all been privatised, the only company left is the Transmission Company of Nigeria (TCN),” “What the government will do now is the regulation of the market. All the agencies to do that are in place. The National Electricity Regulatory Commission will play in key role in that. You also have the Nigeria Electricity Management Services Authority (NEMSA).”
The power sector reform was commissioned by former President Olusegun Obasanjo in 2005 and led to the distribution of The Power Holding Company of Nigeria, PHCN into 18 successor companies: six generation companies and 11 distribution companies.
The privatisation was concluded by ex-president, Goodluck Jonathan in 2013. TCN is managed under contract by Manitoba, a Canadian company.
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