Akindelano Legal Practitioners will host the second in the series of its seminars on February 28, 2013 with the theme: ‘Transforming the Nigerian power sector: Challenges and solutions.’
According to a statement on Thursday, the seminar will approach the power sector from three main standpoints: the regulators role; investors’ perspective and an insight into the Indian experience; and the industry from the financiers’ perspective.
The statement said the welcome address would be delivered by the Chief Executive Officer, Niger Delta Power Holding Company, Mr. James Olotu, who is in charge of the National Integrated Power Projects.
Thereafter, there will be three sessions along the line featuring regulatory issues, which will be discussed by the Executive Chairman, Nigerian Electricity Regulatory Commission, Dr. Sam Amadi, who will touch on questions such as the role that regulation will play in shaping the new power sector and implications of regulation on the average Nigerian.
He will also deal with pertinent questions on whether electricity prices will remain affordable and how will the regulator’s activities impact on the vast investment still required in the sector.
According to the statement, the Chief Executive Officer, NBET, Mr. Rumndaka Wonodi, will enlighten participants on the critical role, which the bulk trader will play in infusing the much needed confidence in the power generation and distribution companies to bring about stability in the sector. The organisers said in the statement, “The session sets out to deal with a topical subject, which every astute businessman is keen to know more about. How will power fare as an investment opportunity and what are the risks profile of the investors? How soon can we expect changes?
“The session will open with Mr. Tope Sonubi of Sahara’s thought-full exposition of the coming challenges for successful Gencos and Discos as well as the intricacies of being in the power game at such a time as this when expectations are highest.”
His paper is titled: ‘Light years ahead: Power sector development – An investor’s perspective.’
In a bid to keep a reality check, ALP said it had tactically opted to enable a first-hand insight into the distributors’ dilemma seen through the eyes of Sanjay Banga of Tata Delhi Power.