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The Minister of Power, Adebayo Adelabu, announced on Tuesday that penalties would be enforced on any agency or director that does not meet corporate expectations in the power sector.
This warning was issued during a meeting in Abuja where performance contracts were signed with various agencies in the sector.
A performance-based contract links payment to specific performance metrics or outcomes, ensuring that contractors are paid based on their actual performance.
These contracts specify key performance indicators to measure performance and tie payment to achieving those metrics.
Nigeria has adopted this measure in the civil service to ensure optimum performance of its civil servants.
The Minister emphasized the need for ongoing assessment and involvement in the progress towards achieving targets.
Regarding sanctions, Adelabu stated that they would be top-down, depending on the sanctions that Mr. President would impose on non-performing ministers and councils.
This initiative aims to ensure that all agencies in the power sector meet their targets and contribute to the ministry’s overall goals.
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