Nigerians...give me your opinion, is it an improvement or will it change nothing

The bid for the take-over of the 17 successor companies from the unbundling of the Power Holding Company of Nigeria (PHCN) will open next week.

This was disclosed by the Minister of Power, Professor Barth Nnaji during an interview with Channels Television on Friday.

According to Prof. Nnaji, the federal government will next week also sign a Memorandum of Understanding with Canada-based Manitoba Hydro International Limited for the management of the Transmission Company of Nigeria.

The restructuring of the PHCN saw the emergence of 18 successor companies – six generation, one transmission and 11 distribution companies.

http://www.channelstv.com/home/2012/07/13/privatisation-of-phcn-to-commence-next-weekbart-nnaji/

I am on Generator

ALL NIGERIANS WANT IS LIGHT IN ABUNDANCE SHIKENA.

we hope for the best sha but other privatized companies never lived up to its expectation

Why only one transmission?

The Nepa bill i got yesterday was 3 times the average i used to have. Presently,i'm thinking of fueling my generator for the rest of the month with almost the same amount. This country is so sick it defies any known diagnosis

we are on the cross

plz wld dis privitisation, wld thr b any change Communication is diff 4rm light oh....

This step shld have been taken a long time ago....If only they can leave corruption out of this and things go according to plan then I believe we will see a great change in τ̲̅ђε̲̣̣̣̥ power sector.

Let there be light!...that's all

Soon with the positive efforts by GEJ,epileptic power supply will soon be history. Please give him some time and power failure will almost near extinction. By the grace of God

ifihearam: Soon with the positive efforts by GEJ,epileptic power supply will soon be history. Please give him some time and power failure will almost near extinction. By the grace of God

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In Jesus's name...amen

After the privatisation, what will be it's new name? I guess Power Seizing Company of Nigeria (P.S.C.N).

Billyonaire: I am on Generator

For how long will dey continue to sign Memorandum of understandings? Till the day I see 24hrs uninterrupted power in my house,then will I believe these mudafuckers!!

trigar12: GOSH. I HOPE THEY DON'T SACK ALL NEPA STAFF LIKE NITEL SHA.

hello! U can not hav privatisation without review & scalin down. Xpect †ЂΞ unexpected sowie.

We dey here, na dem go taya!!!

This is a welcome development though the shortrun effect of PHCN privatization is increase in tariff, the longrun effect will force the tariff down as a result of competition.

Let's all pray and hope for something good to come out of this privatelization. All we need is 247 power supply, do it anyhow you like but give us 247 power supply and we are okay

trigar12: GOSH. I HOPE THEY DON'T SACK ALL NEPA STAFF LIKE NITEL SHA.

[size=15pt]I HOPE THEY DO !!!! one rotten apple damages the whole bunch . None of the old / current staffs should be allowed to stay . Honest , qualified Nigerians and expatriates should take over .[/size]

I will vote for GEJ in 2015 if he fixes the power sector.

ifihearam: Soon with the positive efforts by GEJ,epileptic power supply will soon be history. Please give him some time and power failure will almost near extinction. By the grace of God

†ЂΞ only tin ∂α† can guarantee GEJ's second term is stable power supply. If he fails, he shud be ready τ̅o fight all nigerians τ̅o win ∂α† election. Enuf is Enuf! Accordin τ̅o Hon. Jagaba.

berem: For how long will dey continue to sign Memorandum of understandings? Till the day I see 24hrs uninterrupted power in my house,then will I believe these mudafuckers!!

Fresh Air!!!

After Privatization; I want:

1. Mikano and other Generator sales and servicing companies sacked from this country.
2. All Diesel selling cabals should be banned

These 2 sets of cabals, bribe PHCN Staff to stall supply.

miteolu: This 'Manitoba Hydro International Limited' looks like 419 Nigeria biz name. Hope these people will not enter into another mess.

they are a provincial power company for Manitoba province in Canada, you should use google more! http://www.hydro.mb.ca/

This issue of power has been over flogged,in the past administrations,we have had promises and deadlines,but non has made concerted efforts to tackle the power problems. Let us speak truths where it should be spoken....this GEJ administration is making that effort...the unbundling of PHCN is a great move(even if you people refuse to acknowledge the giant strides that has been made in the power sector). For the person that complained about bills,mine is a little higher(check the reason for shedding the payments into categories)which we all know should be the pattern for now and to refresh your memory, when GSM was introduced, some of us bought sims as high as 28,000 Naira(same sims hat are free now) tha is the price you pa for privatisation(it will always breed healthy competition and force price down) so please my myopic friends,wake up and embrace change.

@Poster, we were told some months ago that PHCN no longer exists -- in it's place are now 18 smaller companies. How come this no longer existent company is to commence privatization next week?

Some people would have made billions from this deal. Hope it work this time.

I jst hp dz turns out Positive.

Good luck to naija, I want to assure u that if this dream really come true the issue of power will be over. The more reason we must support gej especially on these area of removal of subsidy via privatization. May God c us tru.