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Buhari Can Cancel Power Privatisation – NERC Boss
By Juliet Alohan
— Apr 13, 2015 | 17 Comments
The chairman, Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, has said that there is the possibility that the incoming government of General Muhammadu Buhari can undo the privatisation of the power sector.

Amadi who stated this during an interview in his office in Abuja, in response to the question whether such was possible, said: “Everything is possible; there’s no impossibility with government to, through due process or through extra-legal actions, reverse any policy or decision.”

The NERC chairman explained that a government that comes into power has a responsibility for making policies, in which regard, it can change existing policy, review existing policy or vigorously pursue existing policy.

Amadi further explained that every government is at liberty to decide what should be its dominant economic philosophy; he. However, added that whatever philosophy adopted will definitely have a trickle-down effect on other policy areas, especially a sector as significant as power.

He said: “To undo privatisation could mean using the existing framework to rewind; for example, there are clauses in the agreements signed by the Distribution Companies (Discos) who bought the assets, of things that could happen in which they can pull out if they are no longer satisfied, or which government can pull out with cost.

“So from a legal point of view, there’s due process for undoing. The other one is extra-legal, maybe, some kind of nationalization; it’s still theoretically possible in today’s world for government to nationalize privately owned assets.”

However, Amadi noted that such decisions may be followed by consequences some of which can be financial or legal, with some possibly having serious fundamental impact on the economy and social wellbeing.

Speaking further, Amadi maintained that from his understanding of the two major political parties, their policies are line with the framework of the national electric power policy issued in 2,000 by the PDP-led government which is clearly premised on privatisation and securing the financial viability of the sector as a way of improving power supply by sustaining investments.

“The national electric power policy is a sound policy but can be reviewed; that will mean there are certain things we didn’t factor. Year 2,000 to date is over a decade, so there are new insights as to how things should work. We have seen how institutions work or fail to work and this means that there’s nothing wrong in government reviewing the reform process in terms of going back to the founding documents and doing some forensic.

“Find out what policies have been completed, what are we learning from the already undertaken process? How do we make the process better and what should we not undertake? It’s not just about undoing privatisation because privatisation in itself is not a problem,” he said.

this has since been debunked by Sam Amadi as quoted out of context.

this week

letters have been issued to the successful zonal candidates. congrats to those considered. I wish you all a successful career at NERC.

December 2015

there has never been confidentiality on nairaland. every tom, dick and harry has access to any info on nairaland. the little our man has given is instructive enough. after all, if he mentioned the sources of the so called pressure, we can do little or nothing about it. We can only encourage him or anyone else with relevant info to share as much as can be divulged.

the will of God will come to pass for everyone of us. NERC too has been sluggish about the whole process. what are they doing for eternity? Anyone operating in Nigeria should know he/she operates among hawks.

well, since no authentic info is forthcoming, everyone will sure coat unfounded rumours with authenticity. It is well.

seemples:


Guy calm pls...despatched or no, if the letter will get to you, it'll get to you...just relax

No fretting really. I just don't want people's hope dampened.

seemples:


Does this mean you were wrong?? Cos I also heard from someone that heard from a reliable source that the NERC has started sending out the employment letters for Zonal recruits since 2weeks ago

I don't believe this. Zonal recruits sent letters? No.

kunleezra:
Is there any way we can make inquiry or imply FOI to know what is happenly

trying to invoke FOI will do more harm than good. Don't ask for explanation please. I know what I'm talking about.

But what kind of necessity made that call for Manager, fleet management possible that did not make those that have been on since 2012 possible over two years after?

I don't think it is the elections that still cause the delay in concluding this whole thing. At least someone is confirmed to have resumed now and the election is still not conducted. It now rests squarely on nerc to finalize this process. But I'm certain the process is still not concluded. May God help us.

there appears to be no news from NERC concerning the recruitment at the moment.

Hmmm!

dublinomo:
restral called for the oral interview

when was the call made to you? This is important so people will not be misled or misunderstand you on this platform. I guess you refer here to the call for Oct/Nov last year interview. People are already thinking it's a new call for another interview. Clarify please. God will see all of us through.

Wittytraveller:
Hi, All, I heard that the interviews in the NERC HQ have started taking place and that they intend to move to their permanent site in Maitama Abuja with all the staff required i.e. they would have concluded the recruitment process by then. I hear that it will be very soon. Anyone with upto date info should pls share.

whoever has info regarding this claim should tell the house. has anyone on this forum been contacted?

seyi42k: I have a personal experience and a proof to buttress your point. You are correct. I can share this with you too. 7b535224. You will notice from this thread that while someone said the guy was helpful to him, other had it differently. Also, it was another guy that was hostile to others. That's instructive.

Furrylow:
@jbzzyy's info is not surprising to me at all. U guys need to look at the bigger picture. Hav it on good authority that mid-late 2013 some pple were recruited into Nerc, one reason was their states had little or no representation, my other source said they were from Oga @ the very top. There is massive pressure on the board 4 candidates. Let's hope it goes well for all of us. Cheers

Na wa o!

@Opuama: pls let's talk on 7B535224