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  • NERC, NIQS To Harmonise Partnership in Power Sector Reforms
 

NERC, NIQS To Harmonise Partnership in Power Sector Reforms

NERC, NIQS To Harmonise Partnership in Power Sector Reforms

by magna / Thursday, 16 October 2014 / Published in Capital Market News

The Nigerian Institute of Quantity Surveyors (NIQS) has said that the profession is ready to play a pivotal role in the ongoing power sector reform, and should, therefore, be offered space to offer its professional contribution.

The body noted that quantity surveying professionals have very critical roles to play in every facet of the power businesses.

The chairman/chief executive, Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, who also corroborated this position during the 6th Annual Distinguished Lecture series of the NIQS, Lagos State Chapter, stated that though the revamping of the power sector presented a very big challenge, it has provided ample opportunities for investors and professionals like the quantity surveyors.

Identifying areas of opportunities for the body, Amadi said that private sector investors have been encouraged to pay attention on other generation options including clean coal, large and small hydro, solar, wind, waste-to-power, biomass and tidal energy, among others.

He described the forum as a step towards appraising the power sector reforms and finding lasting solutions to the aftermath arising therein. Amadi, who was represented by an official of NERC, Mr Abdul Mohammed, stated that the present administration understood why a holistic and fundamental transformation agenda was necessary.

He said government obviously understood the integrated nature of infrastructural development as against targeted development, which, he said, often failed because of the chained and interdependent nature of economic development.

“Therefore, the horizon is certainly good for our country as there is a knowledge-driven and concerted effort to establish the structures on which enduring industrialisation can sustainably thrive; that is the thrust of the transformation agenda and the power sector reforms which the commission regulates,” he said.

Source : Leadership

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