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Fashola Minister says FG can't sanction Electricity Distribution Coys

The former Governor further explained that before the increase in tariff, consultations have been held with all stakeholders as the Electricity Power Sector Reform Act 2005 provided.

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The Minister of Power, Works and Housing, Babatunde Fashola, has disclosed that the Federal Government can't sanction power distribution and generation companies.

In a recent statement by the Minister's spokesman, Timothy Oyediji, the Minister said the FG lacked moral right to penalise the coys because many government agencies - especially Military, Departments and Agencies - are heavily indebted to the various coys.

ALSO READ: Reps invites Fashola, others over epileptic power supply

Fashola argued further that the government cannot act arbitrarily when dealing with the power coys saying a due process must be followed, hence, it would have to contend with multiple court cases.

The former Governor further explained that before the increase in tariff, consultations have been held with all stakeholders as the Electricity Power Sector Reform Act 2005 provided.

Fashola said the processes of determining tariffs were clearly outside the control of the Federal Government, since the government had liquidated the Power Holding Company of Nigeria and only retain a minority share.

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