By Johnbosco Agbakwuru, Abuja
In apparent response to the statement
made by the out-going minister of power,
Professor Chinedu Nebo, on the need for the
in-coming administration not to tamper
with the privatization of the power sector,
electricity workers in the country have
demanded a thorough review of the
privatization of Power Holding Company of
Nigeria, PHCN, alle-ging that the
privatization project was fraught with
irregularities.
The workers further alleged that the
privatisation exercise had made electricity
generation and consumption in the country
ineffective.
The workers, under the aegis of National
Union of Electricity Emplo-yees, NUEE,
insisted that the payment of over N200
billion to the private sector by the
government after the privatization exercise
leaves much to be desired, and urged the
incoming administration of Gen.
Muhammadu Buhari, rtd, to revisit the
exercise.
The executive members of the union, led by
the General Secretary and factional President
of Nigerian Labour Congress, NLC, Comrade
Joe Ajaero, said this in Abuja, while
conducting select journalists round the site
of abandoned 60 containers of 52KVA
electricity transformers, at Kubwa, in Abuja.
Speaking on behalf of the NUEE executive
members, Ajaero argued that if after many
months, privatization of electricity in the
country had failed to bring positive impact
to electricity consumers, then, there was the
need for the Buhari-led presidency to revisit
the programme.
Comrade Ajaero said: “We want to say, as a
union that the sham called privatization
should be revisited. If privatization, as we
were told, was to bring us heaven-on-earth
elderado, and it has not done that, why
should we insist on it?.
“Of course, our position as NUEE, has been
no to privatization, especially given that we
are an underdeveloped economy. It is the
function of the state to provide power.
“Even the so called privatization, you can
see that even this year alone, between
January and now, they have even given the
so called private sector over N200 billion.
So, why fund them if you say the electricity is
in the hands of the private sector? That
brings you to the point of the fraud on who
owns them.
“Why would you sell your house to
somebody and you still give him money to
maintain it? So, it’s a fraud.”
Emphasizing on the minister’s comment that
privatization of PHCN must stay, Ajaero
added: “We want Buhari to ask questions
first and foremost because it is wrong
for a an out-going minister to be setting
agenda for Buhari to reverse or not to
reverse the privatization of PHCN.
“A minister who inherited about 4000
megawatts and is today, battling with just
2000 and something megawatts, doesn’t
have the moral courage to advise
incoming government on what to do.
Ajaero stressed: “If he Buhari asks
questions for some months, he will now
know the direction to move.”
On the abandoned containers, Ajaero said
he was alerted on the abandoned
equipments by concerned citizens who got
wind of the development.
“With these transformers hidden here, you
can now understand that while they were
privatizing, certain properties were being
hidden, “he alleged.
By Johnbosco Agbakwuru, Abuja
In apparent response to the statement
made by the out-going minister of power,
Professor Chinedu Nebo, on the need for the
in-coming administration not to tamper
with the privatization of the power sector,
electricity workers in the country have
demanded a thorough review of the
privatization of Power Holding Company of
Nigeria, PHCN, alle-ging that the
privatization project was fraught with
irregularities.
The workers further alleged that the
privatisation exercise had made electricity
generation and consumption in the country
ineffective.
The workers, under the aegis of National
Union of Electricity Emplo-yees, NUEE,
insisted that the payment of over N200
billion to the private sector by the
government after the privatization exercise
leaves much to be desired, and urged the
incoming administration of Gen.
Muhammadu Buhari, rtd, to revisit the
exercise.
The executive members of the union, led by
the General Secretary and factional President
of Nigerian Labour Congress, NLC, Comrade
Joe Ajaero, said this in Abuja, while
conducting select journalists round the site
of abandoned 60 containers of 52KVA
electricity transformers, at Kubwa, in Abuja.
Speaking on behalf of the NUEE executive
members, Ajaero argued that if after many
months, privatization of electricity in the
country had failed to bring positive impact
to electricity consumers, then, there was the
need for the Buhari-led presidency to revisit
the programme.
Comrade Ajaero said: “We want to say, as a
union that the sham called privatization
should be revisited. If privatization, as we
were told, was to bring us heaven-on-earth
elderado, and it has not done that, why
should we insist on it?.
“Of course, our position as NUEE, has been
no to privatization, especially given that we
are an underdeveloped economy. It is the
function of the state to provide power.
“Even the so called privatization, you can
see that even this year alone, between
January and now, they have even given the
so called private sector over N200 billion.
So, why fund them if you say the electricity is
in the hands of the private sector? That
brings you to the point of the fraud on who
owns them.
“Why would you sell your house to
somebody and you still give him money to
maintain it? So, it’s a fraud.”
Emphasizing on the minister’s comment that
privatization of PHCN must stay, Ajaero
added: “We want Buhari to ask questions
first and foremost because it is wrong
for a an out-going minister to be setting
agenda for Buhari to reverse or not to
reverse the privatization of PHCN.
“A minister who inherited about 4000
megawatts and is today, battling with just
2000 and something megawatts, doesn’t
have the moral courage to advise
incoming government on what to do.
Ajaero stressed: “If he Buhari asks
questions for some months, he will now
know the direction to move.”
On the abandoned containers, Ajaero said
he was alerted on the abandoned
equipments by concerned citizens who got
wind of the development.
“With these transformers hidden here, you
can now understand that while they were
privatizing, certain properties were being
hidden, “he alleged.
By Johnbosco Agbakwuru, Abuja
In apparent response to the statement
made by the out-going minister of power,
Professor Chinedu Nebo, on the need for the
in-coming administration not to tamper
with the privatization of the power sector,
electricity workers in the country have
demanded a thorough review of the
privatization of Power Holding Company of
Nigeria, PHCN, alle-ging that the
privatization project was fraught with
irregularities.
The workers further alleged that the
privatisation exercise had made electricity
generation and consumption in the country
ineffective.
The workers, under the aegis of National
Union of Electricity Emplo-yees, NUEE,
insisted that the payment of over N200
billion to the private sector by the
government after the privatization exercise
leaves much to be desired, and urged the
incoming administration of Gen.
Muhammadu Buhari, rtd, to revisit the
exercise.
The executive members of the union, led by
the General Secretary and factional President
of Nigerian Labour Congress, NLC, Comrade
Joe Ajaero, said this in Abuja, while
conducting select journalists round the site
of abandoned 60 containers of 52KVA
electricity transformers, at Kubwa, in Abuja.
Speaking on behalf of the NUEE executive
members, Ajaero argued that if after many
months, privatization of electricity in the
country had failed to bring positive impact
to electricity consumers, then, there was the
need for the Buhari-led presidency to revisit
the programme.
Comrade Ajaero said: “We want to say, as a
union that the sham called privatization
should be revisited. If privatization, as we
were told, was to bring us heaven-on-earth
elderado, and it has not done that, why
should we insist on it?.
“Of course, our position as NUEE, has been
no to privatization, especially given that we
are an underdeveloped economy. It is the
function of the state to provide power.
“Even the so called privatization, you can
see that even this year alone, between
January and now, they have even given the
so called private sector over N200 billion.
So, why fund them if you say the electricity is
in the hands of the private sector? That
brings you to the point of the fraud on who
owns them.
“Why would you sell your house to
somebody and you still give him money to
maintain it? So, it’s a fraud.”
Emphasizing on the minister’s comment that
privatization of PHCN must stay, Ajaero
added: “We want Buhari to ask questions
first and foremost because it is wrong
for a an out-going minister to be setting
agenda for Buhari to reverse or not to
reverse the privatization of PHCN.
“A minister who inherited about 4000
megawatts and is today, battling with just
2000 and something megawatts, doesn’t
have the moral courage to advise
incoming government on what to do.
Ajaero stressed: “If he Buhari asks
questions for some months, he will now
know the direction to move.”
On the abandoned containers, Ajaero said
he was alerted on the abandoned
equipments by concerned citizens who got
wind of the development.
“With these transformers hidden here, you
can now understand that while they were
privatizing, certain properties were being
hidden, “he alleged.

Is it change I am smelling so? Cant wait to see the end of this. Choi, these our leaders ehn! Can you imagine...,.
Inshort, jail too good for their crimes o. Odili of Rivers state should be first to be locked up.

stop duplicating threads with no sauce


here is the original thread with source


www.nairaland.com/2305101/privatisation-phcn-fraudelectricity-workers-tell

I no won hear story again

Like Jonathan,like Nebo,worst and irresponsible people to be in government.

PHCN is now jonathan's company. Bcoz after may 29th, he'll handover to buhari.