Speaker of the House of Representatives Yakubu Dogara has called for a review of the power sector privatization.

Dogara, who spoke during a public hearing by the committees on power and privatization and commercialization yesterday in Abuja, said millions of Nigerians are being exploited through estimated bills by the staff of different electricity companies.

Represented by the Minority Whip, Rep Yakubu Barde, the speaker also expressed dismay that the duration of uninterrupted power supply in the country is now between six and eight hours daily, adding that the process of metering customers in the country was dismal.

Dogara also noted that while the country’s power generation capacity has not improved, tariffs were increased in February this year.

“The whole essence of the Federal Government embarking on the privatization of the defunct Power Holding Company of Nigeria (PHCN) and the electric power sector reform program was to bring about efficiency to electricity supply. Unfortunately, since the unbundling of PHCN and transfer of the businesses to the privately-operated successor companies on November 1, 2013, we have not had a good report from the electricity market.

“The statistics show an abysmal situation of things and if this trend continues, there may be need for a fundamental re-thinking of the privatization process in Nigeria.

“In spite of all these, we have reports that the cumulative market shortfall has risen to over N700bn as of date. This trend escalates at the rate of about N25.6bn monthly from NBET’s August 2016 Electricity Market Payment Report,” he said.

http://www.energywatchng.com/dogara-asks-fg-to-review-power-privatization/

The privatization was a fraud. That's why the DisCos have been failing to work.
Worse still, they fleece hapless consumers with ridiculous bills that make you think it's cheaper to use generators.

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ogbeni no do rough play o

story for the Gods

This 'goberment' is a failure.

Sai baba

I'm Observing............

SOLUTION: Cut-off Grid... each state should generate and distribute her own electricity...

enough of GENCO's, TCN, and DISCO's

Until you talk to a president that can think and act like a human being, until then I will say you shld stop wasting ur time

Until we put on our thinking cap no where naija

Like I always say, Democracy is not for Africa and Nigeria in particular

Someone should inform me when power gets better in 2046

Ejor o. Dey Shld jus bring back NEPA. Make we manage am like that. The DISCOs have failed us

The concept of estimated bill is exploitative.

Barth Nnaji's legacy.

Tojuslii:
Bart nnaji should be jailed

politicians hijacked it from him.

i told Jonathan but he didt listen, how can u privatize big company like power, the compa.y is too huge to be privatize for my liking

They shared the power companies to their cronies who had no iota of knowledge about the power sector. Nigerians have not fared any better with the so-called privatization. Power supply is still abysmally poor and almost nonexistent in some areas, yet estimated bills keep pouring every other month.

lekpaboy:
Until we put on our thinking cap no where naija

so we have not beeen thinking all this while? Even with the professionals in that sectors?
Pls u'll need to think well again.

Hmm Nigeria ojo ju mo laji ri iyah

Tojuslii:

Bart nnaji should be jailed

...you are a kid to nigerian politics...all the way it has been vexing the ruling APC that they didn't participate in the ownership of privatization.i said it in ma last post on power.those protest at difrnt DISCOS offices was sponsord.if aikuisten and tinubu do not participate in power ownership.it can't nvr b complete.yestadai.an article wz here explaining y d discos dnt función properly...naija is a joke!

bigpicture001:
...you are a kid to nigerian politics...all the way it has been vexing the ruling APC that they didn't participate in the ownership of privatization.i said it in ma last post on power.those protest at difrnt DISCOS offices was sponsord.if aikuisten and tinubu do not participate in power ownership.it can't nvr b complete.yestadai.an article wz here explaining y d discos dnt función properly...naija is a joke!

amazing so Because tinubu didn't not participate in power sector thats why it didn't work? Enlightened me more.

gergemam:
SOLUTION: Cut-off Grid... each state should generate and distribute her own electricity...

enough of GENCO's, TCN, and DISCO's

Keeps me wondering if all our pass leaders if none of them
Has d sense to know that d solution u proffered is just d only
Way out of this quagmire!

Abi the Indian and Lebanese demons importing and selling gens
Are not done yet with our collective destiny as a nation?
Maybe we will hv stable electricity during Jesus 2nd coming .....

Wetin? You get interest to go there? Fashola don talk say no review of privatisation

Govt still owns TCN, n u knw anythn Govt doesn't wrk. Forex is affecting gas supply to Gencos n u knw how much inconsistent d Forex policies have bn, Discos can't access loans especially wen it comes wit outrageous interest but ur Govt subsidies pilgrimage travels dat doesn't contribute anythn to d economy. So tel me how d sector wld work if Govt keeps misplacing its priorities

gergemam:
SOLUTION: Cut-off Grid... each state should generate and distribute her own electricity...

enough of GENCO's, TCN, and DISCO's

gergemam:
SOLUTION: Cut-off Grid... each state should generate and distribute her own electricity...

enough of GENCO's, TCN, and DISCO's

Like it was that easy.

Govt still owns TCN, n u knw anythn Govt doesn't wrk. Forex is affecting gas supply to Gencos n u knw how much inconsistent d Forex policies have bn, Discos can't access loans especially wen it comes wit outrageous interest but ur Govt subsidies pilgrimage travels dat doesn't contribute anythn to d economy. So tel me how d sector wld work if Govt keeps misplacing its priorities

sleepyeyez:
Ejor o. Dey Shld jus bring back NEPA. Make we manage am like that. The DISCOs have failed us