Tinubu govt’s interventions in power sector commendable, says Isa Yuguda
A former governor of Bauchi State, Isa Yuguda, has expressed optimism that President Bola Tinubu’s administration will rescue Nigeria from its age-long challenges.
Mr Yuguda spoke after a forum in Abuja on Thursday, commending the President’s policies, particularly in the power sector, as a beacon of hope for the country.
Mr Yuguda, who also chairs the Board of Trustees of the All Progressives Congress Professional Forum, emphasised that Mr Tinubu was on the right path to delivering Nigeria from its challenges.
He appealed to citizens to be patient and allow the reforms to materialise.
According to Mr Yuguda, previous administrations have invested heavily in the power sector with little success.
However, he commended the current government’s interventions, corrections, and incentives aimed at improving power distribution to the most vulnerable populations.
He said, “As a forum, we are duty-bound to know what we’re achieving in government so that we can inform the general public and assure them that the government is indeed working. The interventions, corrections, and incentives the government has implemented to improve power distribution at an affordable level to the most vulnerable populations in this country are truly commendable.”
Earlier, Special Adviser to the President on Energy, Olu Verheijen, highlighted the importance of the oil and gas sector in Nigeria’s economic stability.
She noted that the sector generated 90 per cent of the country’s foreign exchange earnings and was crucial for stabilising the currency and stemming inflation.
Ms Verheijen revealed that the government had generated $600 million in investment interest in the energy sector within 2023, following Mr Tinubu’s directive to unlock more gas investment. She stated, “This development is expected to boost production and make the sector more attractive to investors.”
(NAN)
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