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Nairaland Forum / Nairaland / General / Politics / Why We Won’t Reverse Power Privatisation – FG (12991 Views)
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Why We Won’t Reverse Power Privatisation – FG by ijustdey: 10:12am On Nov 11, 2016 |
The Minister of Power, Works and Housing, Mr Babatunde Fashola yesterday said the Federal Government would not revoke the privatisation of the power sector done three years ago. http://www.dailytrust.com.ng/news/general/why-we-won-t-reverse-power-privatisation-fg/171161.html# |
Re: Why We Won’t Reverse Power Privatisation – FG by general111(m): 10:17am On Nov 11, 2016 |
But I am not enjoying any power na.Nigerians are tired of signing contracts,but results. 2 Likes |
Re: Why We Won’t Reverse Power Privatisation – FG by zakim(m): 11:03am On Nov 11, 2016 |
ok |
Re: Why We Won’t Reverse Power Privatisation – FG by idris4r83(m): 2:22pm On Nov 11, 2016 |
It is better to be left privatised for the following reasons 1. Discos are now more efficient than the defunct NEPA 2. No more political interference. 3. Government are raising more revenue than before. 4. More jobs have been created. 8 Likes |
Re: Why We Won’t Reverse Power Privatisation – FG by Firefire(m): 2:23pm On Nov 11, 2016 |
Yeye people, bunch of jokers. 6 Likes |
Re: Why We Won’t Reverse Power Privatisation – FG by symbianDON(m): 2:23pm On Nov 11, 2016 |
observers committee....we siddon de look 2 Likes |
Re: Why We Won’t Reverse Power Privatisation – FG by Akinz0126(m): 2:24pm On Nov 11, 2016 |
Useless Minister of darkness Sha you were bashing Jonathan's Government now it's your oga that's @ the helm of affair No cause for alarm I guess Bunch of lunatics. Walai everytyn for the nation self dey annoying ah swear.Bullshit 8 Likes 1 Share |
Re: Why We Won’t Reverse Power Privatisation – FG by babyfaceafrica: 2:25pm On Nov 11, 2016 |
Noted |
Re: Why We Won’t Reverse Power Privatisation – FG by LordAdam: 2:25pm On Nov 11, 2016 |
I am not understanding this Dangote sef. Only you want government to sell NLNG but you want them to stop privatization in power. Sometimes, when this guy talks (with all due respect for his business acumen), I begin to question his nationality. NLNG that's been properly managed should stay under the government. Power where Nigeria before privatization had spent more than $35b to generate less than 3000MW should go to private hands. The power sector is like the refineries. If we hadn't privatized, we'd have continued dumping money to unseen cabals without noticeable improvements. -Lord 13 Likes |
Re: Why We Won’t Reverse Power Privatisation – FG by SirHouloo(m): 2:28pm On Nov 11, 2016 |
Privatization is the beat thing that has ever happened to discos. .. Those guys almost run the thing down when it was under the government. |
Re: Why We Won’t Reverse Power Privatisation – FG by admax(m): 2:29pm On Nov 11, 2016 |
The minister hinted that revoking the held private equity would send wrong signals to other investors and that could affect the flow of Foreign Direct Investments (FDI). Succinct! I wonder where the FOREX will come from if not through FDI's. Those guys (DISCO's) should never have been allowed to buy those entities but since we have powerful politicians backing them up, the ineptitude Government sold them. 1 Like |
Re: Why We Won’t Reverse Power Privatisation – FG by SamuelAnyawu(m): 2:29pm On Nov 11, 2016 |
Re: Why We Won’t Reverse Power Privatisation – FG by lastmessenger: 2:29pm On Nov 11, 2016 |
Lord i dont know why we just cant seem to get it right in this country. Lord please we need u to send us our own Syrus to deliver us from this ruins. Amen |
Re: Why We Won’t Reverse Power Privatisation – FG by Nobody: 2:30pm On Nov 11, 2016 |
Re: Why We Won’t Reverse Power Privatisation – FG by kennykane1(m): 2:30pm On Nov 11, 2016 |
Excuse me, but which power are they actually talking about? 1 Like |
Re: Why We Won’t Reverse Power Privatisation – FG by baski92(m): 2:30pm On Nov 11, 2016 |
Just give us the light 1 Like |
Re: Why We Won’t Reverse Power Privatisation – FG by biggy26: 2:32pm On Nov 11, 2016 |
Fashe like big big grammar...hmmm 2 Likes
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Re: Why We Won’t Reverse Power Privatisation – FG by HOMF: 2:33pm On Nov 11, 2016 |
they won't because it doesn't favour the common Nigerian |
Re: Why We Won’t Reverse Power Privatisation – FG by Nobody: 2:34pm On Nov 11, 2016 |
Useless govt 4 Likes 1 Share |
Re: Why We Won’t Reverse Power Privatisation – FG by emi14: 2:35pm On Nov 11, 2016 |
Allow Dangote to build private power station |
Re: Why We Won’t Reverse Power Privatisation – FG by Nobody: 2:38pm On Nov 11, 2016 |
Big ups to you all! My thoughts and prayers to all those Southerners that fell for the Scam courtesy of Tinubu and co. The saying in Hausa Goes: Da bamu San hasalin balbela bane..... Good luck to you all that support Buhari and co! 2 Likes 1 Share |
Re: Why We Won’t Reverse Power Privatisation – FG by Abusombody: 2:38pm On Nov 11, 2016 |
Come to think of it the FG has much gain now that's is private than b4, so y should they reverse it when they are receiving times 50 of what they where receiving when it was public owns firm. moreover we know those that bought the firm are the Oga @ the Top 1 Like |
Re: Why We Won’t Reverse Power Privatisation – FG by jeeqaa7(m): 2:39pm On Nov 11, 2016 |
ok |
Re: Why We Won’t Reverse Power Privatisation – FG by Sunnylink(m): 2:41pm On Nov 11, 2016 |
Real wisdom is needed to achieve something relevant in this administration. |
Re: Why We Won’t Reverse Power Privatisation – FG by Nobody: 2:42pm On Nov 11, 2016 |
Dumb/incoherent response!...the privatisation was shabily executed, hence the under-performance! REVERSE THE SALE! 1 Like |
Re: Why We Won’t Reverse Power Privatisation – FG by Diadala(m): 2:44pm On Nov 11, 2016 |
Wonderful feeling |
Re: Why We Won’t Reverse Power Privatisation – FG by zangiff(m): 2:50pm On Nov 11, 2016 |
it better that way, we are not enjoying anything |
Re: Why We Won’t Reverse Power Privatisation – FG by heftycul: 2:52pm On Nov 11, 2016 |
better private |
Re: Why We Won’t Reverse Power Privatisation – FG by pansophist(m): 2:54pm On Nov 11, 2016 |
I do not know much about the details of power privatization, but if it was a lease for let's say 50 years, then it's okay. Monopolizing power, a key resource for growth to foreign investors is catastrophic. Many of this investors have imperialistic tendencies and controlled by their government that operate on capitalism and economical competition. I won't be surprised if Nigeria cannot solve its power issues to foster home grown industries. 1 Like |
Re: Why We Won’t Reverse Power Privatisation – FG by masseratti: 2:54pm On Nov 11, 2016 |
Akinz0126:Jonathan Is the cause of it, he sold it to his friends, Ayeni and co,same dude that donated 2billion naira for his campaign, that said, ikeja disco billed me 14500 and 16k for the month of August and September respectively, meanwhile our transformer was faulty for the two months, how do you explain that, they were unaware, meter is there, and they still do estimated billing, is it rocket science to install meters? Why can't they take the meter readings like they use to do in the days of old NEPA? when u bring d bill for last month the marketer will take the reading and calculate your Bill for the day as against the last day of reading, thats not hard to do. NERC and Fashola are failing on this one, this diacos are robbing Nigerians blind, how can I be paying such amount for darkness, even if there is 24 power, my bill cannot be up to 8k per month. Ikeja disco is the no 1 culprit, big thieves, this does not happen anywhere in the world, Fashola should resign if he cannot turn things around, to be a minister of power is not by force, Btw am a fan of his but I don't think he is capable in that position, am a lere boy just like him, hang out in Itolo too if you know what i mean. 5 Likes |
Re: Why We Won’t Reverse Power Privatisation – FG by nonjebose(m): 2:57pm On Nov 11, 2016 |
LordAdam:I think his request for govt to revisit the privatization of the power sector is not even for govt ownership, but for him to get a chunky bite of the cookie 1 Like |
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