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Nairaland Forum / Nairaland / General / Politics / Ndume Calls For Revocation Of Electricity Privatisation (936 Views)
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Ndume Calls For Revocation Of Electricity Privatisation by slyzy(m): 6:31pm On Feb 14, 2016 |
Abuja - Senate Leader, Ali Ndume (APC-Borno South) has
expressed displeasure over the recent hike in electricity
tariff, calling for the revisiting of the privatisation process
and its possible revocation.
Ndume told newsmen in Abuja on Sunday that Nigeria
Electricity Regulatory Commission (NERC) had no reason to
increase the tariff.
The senator said that the companies bought the nation’s
electricity infrastructure for almost nothing and rather than
investing in them, were calling for hike in tariff.
``These people took over these companies for peanuts
and they have not invested, I have not seen, how they will
just come and be charging people indiscriminately like
that.
``This is not a competitive market where you say the
market forces determine the price, they just want to take
advantage of Nigerians; I am against that completely.
``In fact, I am against the privatisation completely,
because there is no competition, they want to start
charging whatever they like.
``In fact, left to me, privatisation of the power sector
should be revisited and revoked,’’ he said.
Ndume said that although the NERC had power to set
prices, the recent increase was indiscriminate.
He said that the laws establishing the commission might
also have to be revisited if the NERC continued to increase
prices while the common man suffers.
``Even if it is the Senate that gave the power to those
people to fix the price, it is wrong and even if I was part of
it, I was wrong.
``If I can, I will cancel their power to fix prices, how can
they be charging us so much?” he said.
Ndume, recalled that the new electricity tariff regime which
took effect on Feb. 1, had generated a lot of controversies
with labour unions across the country threatening to go on
strike.
Meanwhile, the lawmaker has said that he supported the
recent N50 stamp duty introduced by the government.
Ndume said that government needed to source money
through legitimate tax to be able to finance most of its
projects.
Vanguard |
Re: Ndume Calls For Revocation Of Electricity Privatisation by talktrue1(m): 7:14pm On Feb 14, 2016 |
slyzy: Exactly my thought 1 Like |
Re: Ndume Calls For Revocation Of Electricity Privatisation by ckmayoca: 7:45pm On Feb 14, 2016 |
Good shot |
Re: Ndume Calls For Revocation Of Electricity Privatisation by tunwumi: 7:48pm On Feb 14, 2016 |
Ok |
Re: Ndume Calls For Revocation Of Electricity Privatisation by Aphrygian(m): 8:12pm On Feb 14, 2016 |
This power privatization is the biggest scam of this century, osun as a case study a light has gone from good to worse, infact it take grace of God to have light 4hrs straight away. |
Re: Ndume Calls For Revocation Of Electricity Privatisation by hisgrace090: 9:08pm On Feb 14, 2016 |
Any govt, that ignores this call, I hates. |
Re: Ndume Calls For Revocation Of Electricity Privatisation by lawydewy(m): 11:41pm On Feb 14, 2016 |
WHO PRIVATISIZED PHCN Please! it is a question. #AmNot2015SocialMediaActivists. The damages they have done to this country is not a thing to correct in 30years. WE SHOULD BE PATIENT!!! We should just be patient for the new adminstration.They have to take there time to study and know problems of each sector. The government should stop all this fire brigade approach. Better we should device 'bottom-top approch' not 'top-middle&go away' |
Re: Ndume Calls For Revocation Of Electricity Privatisation by Bishops10(m): 11:44pm On Feb 14, 2016 |
. |
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