Appointment of TCN Boss Won’t Affect AFDB’s Loan—Fashola

By Modupe Gbadeyanka

Minister of Power, Works and Housing, Mr Babatunde Fashola, has explained that the appointment of Mr Usman Gur Mohammed, who is on secondment from the Africa Development Bank (AFDB), as the new interim Managing Director/ Chief Executive Officer of the Transmission Company of Nigeria (TCN) has nothing to do with the AFDB’s loan help reform Nigeria’s power sector.

Mr Fashola made this known when he appeared before the National Assembly Joint Committee on Power, Steel Development and Metallurgy which came on the heels of petitions written to the Senate by Staff of TCN, under the umbrella of the National Association of Electricity and Allied Companies asking the Senate to intervene.

The Minister said the appointment of Mr Mohammed was born out of the need to take the TCN to a higher level of operational effectiveness and perform its functions optimally.

He said further that Mr Mohammed’s appointment was not a criterion for the loan, but was based on the expertise the new MD would bring on board.

The appointment of the interim MD for TCN was designed to ensure responsiveness to the needs of DISCOs and GENCOs, and to improve their efficiency. The Minister further allayed fears of dampening staff’s morale, he said.

Mr Fashola added that this should not be joined to the issue of the appointment, pointing out that the President had used his prerogative to appoint whomever he chose to manage the affairs of TCN.

Chairmen of the two Committees, had earlier sated that the National Assembly was not interested in dictating to the Minister on how to run his Ministry, but that they just wanted to ensure that the rule of law is followed at all times, for the sake of accountability and transparency in government business.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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