DEPRIVATIZATION OF THE POWER SECTOR, COMMENDATIONS TO THE NIGERIAN SENATE.
Ever since the privatization of the power sector in Nigeria, Nigerians have gotten only a shadow of the colossal promise. Most worrisome is the successive increments of the tariff. The present situation clearly interprets privatization of power in Nigeria as the most gruesome robbery of human rights by the power players. The erratic power supply principally defines the decay portion of the Economic Curve, having a strong blow on the SMEs, which forms the major employment arm of the nation, amidst other things.
Disgusted by this, surprisingly and interestingly to the generality of Nigerians, the Senate recently fumed at the woeful inefficiency of this private power sector, most especially considering the trillions of Naira injected into it over the years for better performance, yet did not. Sequel to this, the lawmakers are therefore seeking the immediate reversal of this privatization, which has bedevilled the nation’s economy.
Precisely, the Senate Committee Chairman on Power, Gabriel Suswan, moved the motion and the Nigerian Senate adopted it. They emphasized in lucid language that, if the privatization of the power sector is not reversed, Nigeria may stop having power in the next 10 Years.
Nigerians, while aligning with the Senators, are strongly commending them for this sole decision, and also urging them to see to the end of its actualization.
Nigerian Senate Nigerian Bar Association Senate Wing, National Assembly, FCT, Abuja NERDC, Headquarters Sheda Abuja Ikeja Electric Plc Enugu Electricity Distribution PLC – EEDC Kano Electricity Distribution Plc IBEDC – Ibadan Electricity Distribution Company Legit.ng African Independent Television TVCconnect TVCNews MITV Adeola Fayehun Wazobia Fm 99.5 Abuja Port Harcourt Electricity Distribution Company Babatunde Raji Fashola Muhammadu Buhari NTA Network News Silverbird’s Rhythm 94.7FM Abuja
