Federal Government Working to Reposition Power Sector – Osinbajo

Osinbajo To Nigerians: Leverage Cooperatives To Own Your Homes

Vice President Yemi Osinbajo Wednesday in Abuja said despite years of its privatisation, the power sector has remained handicapped in the delivery of required services to various homes and businesses.

The vice-president, who made these remarks in Eagle Square while delivering a presidential speech in commemoration of the Workers’ Day, however, promised that the current administration would alter the status quo.

According to him, the federal government would spend energy to reposition and re-engineer the sector with a view to enabling it deliver effective services to end users.

The vice-president also remarked that the federal government would reciprocate the re-election of this administration by Nigerians at the last general election by focusing on critical issues aimed at improving the living standards of the people.

He said this would be done by building infrastructure, roads, rail, hydroelectric power and simultaneously reforming key economic sectors of the country with a view to placing Nigeria on the path of economic growth and prosperity that is sustainable.

The vice-president further said in line with the theme of this year’s workers’ day, “Another 100 Years of Struggle for Jobs, Dignity and Social Justice in Nigeria,” the federal government would pay attention to the welfare of Nigerians especially those at the lowest wrung of the ladder in its economic planning and budgeting.

Furthermore, Osinbajo who emphasised federal government’s commitment to the daily wellbeing of its citizens including their social justice and dignity, pledged that the recently signed minimum wage bill would be thorough implemented by the federal government.

He said: “At the just concluded general elections, Nigerians and indeed Nigerian Workers gave our administration another mandate to govern them. We shall reciprocate this electoral gesture by focusing on the critical issues that will advance speedily and improve the quality of lives and livelihoods of Nigerians. These include the building of infrastructure, roads, and rail, hydroelectric power, and also reforming key driving sectors of the national economy in order to put the country on a sustainable path of economic growth and prosperity.

Source: THISDAY