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We're probing concession of Zungeru Hydroelectric Power Plant to correct mistakes of past -Says Senate President - Core Reporters
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We’re probing concession of Zungeru Hydroelectric Power Plant to correct mistakes of past -Says Senate President

Core Reporters by Core Reporters
December 14, 2022
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We’re probing concession of Zungeru Hydroelectric Power Plant to correct mistakes of past -Says Senate President
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By Raphael Ekpang

The President of Nigeria Senate, Dr.  Ahmad Lawan  has explained that the decided to probe the bid to concession Zungeru Hydroelectric Power Plant(ZHPP) located in Niger State in order to correct the past mistakes.

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Senator Lawan stated this why declaring open the investigative hearing held on Tuesday, which  organised by the Senate Committee on Power in line with the resolution adopted by the Senate at its Plenary.
He said, the thrust of the motion is not targeted on any individual but to correct the mistake of the past.
According to him, “The sponsored of  the motion which has led to this investigation is the chairman of the committee, Senator Gabriel Suswan , he requested the Senate to invoke its oversight constitutional responsibility to avert the transfer of unresolved liabilities and future third-party claims to government.”

The Senate president who explained how important the investigative was abandoned other activities of the day and sat until presentations were made and he contributed substantially to the debate. He further said, senate ensure that the proposed concession of the Zungeru Hydroelectric Power Plant (ZHPP) was conducted on a value for money  bearing in mind huge external loans and annual budgetary releases expended on the construction.
“I am glad to note that the committee has extended invitation to all concerned stakeholders to come forward with their inputs, observations and contributions to enable the committee carry out its mandate.
Earlier, the Chairman Senate Committee on power Senator Gabriel Suswan says the concerns of the Senate is outcry and criticism by the public on culminated investigation in the past in the privatization policy of government.

According to him, the segment of the public has applauded the modest gains of the privatization of government-owned power assets in Nigeria, mounting challenges that emerged after the exercise in questioning the credibility of the process that produced the successor companies and the viability of such companies hence the need to caution the concessioning  of the remaining government-owned power assets including the ZHPP.
He say, the Failure to address  issues in the past has put government in an unenviable position where billions of naira are currently being paid to service contractual obligations that should have been avoided by government if proper due diligence and consultation was done by relevant MDAs.
“It is, therefore, expected that in the course of this investigative hearing, concerned stakeholders invited by the committee will take advantage of this avenue to answer the above posers and many more as may be directed at them by the chairman and members of the committee towards reaching informed recommendations that will form the final decision of the Senate at plenary regarding the bid to concession the ZHPP.
He concluded, by saying, the Senate recognizes the respective statutory roles of the Infrastructure Concession Regulatory Commission (ICRC), the National Council on Privatization , the Bureau of Public Enterprises(BPE) and other MDAs involved in the proposed concession of the ZHPP, the Senate has a higher constitutional responsibility to carry out this investigative hearing to expose any semblance of corruption and inefficiency the system.

Tags: ConcessionmINISTER OF POWERSenate president Dr Ahmed LawanZungeru Hydroelectric Power Plant
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