The Federal Executive Council (FEC) has given its approval for the creation of a Presidential Task Force dedicated to reforming the power sector, alongside the endorsement of crucial infrastructure projects designed to foster national development.
The Council's decisions underscore a renewed commitment to revitalizing the power sector and expediting the delivery of infrastructure across the nation, as stated by the Minister of Information and National Orientation, Mohammed Idris.
Idris announced that President Bola Tinubu has appointed former Minister of Power, Lanre Babalola, as Special Adviser on Power. Furthermore, the establishment of a high-level task force to spearhead comprehensive reforms within the electricity sector received presidential backing.
"This task force is a key component of the administration's intensified efforts to reposition the power sector as a vital catalyst for industrialisation and economic advancement," Idris explained.
The newly formed task force will comprise influential ministers, along with key figures from the electricity value chain, encompassing regulatory bodies and private sector participants.
Idris also shared that the FEC meeting featured the official swearing-in of a National Commissioner for the Independent National Electoral Commission (INEC) and four new Permanent Secretaries.
In defence of the costs associated with current and newly approved road projects, the Minister of Works, David Umahi, asserted that these expenditures represent sound investments and deliver value.
"When discussions turn to cost, it's essential to consider unit pricing and the quality of work. The solutions we are implementing now are more cost- effective and significantly more durable than those undertaken in previous years," he remarked.
He further detailed that numerous road projects are averaging approximately N3.2 billion per kilometre and are being constructed using advanced reinforced concrete technology.
Umahi confirmed that the Carter Bridge in Lagos is slated for a complete reconstruction following thorough structural evaluations.
"This is not merely a superficial repair; it is a comprehensive rebuilding to meet contemporary standards," he emphasized.
He also noted that several major road networks, including specific segments of the Abuja-Kaduna and Kano-Jigawa corridors, have been finished and are awaiting official commissioning.
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