₦airaland Forum

Debaiz:
And I’m supposed to believe this?

Share the details of the return and what you were demanding from the FG.

The FG sold to you and still funded you to equip yourselves but you all coped the money and still want to return the company and collect money. Even GEJ as daft as he was won’t accept such let alone PMB.

Electricity distribution companies in the country say they have offered to return their licences to the federal government on two different occasions.

Sunday Oduntan, executive director of research and advocacy of the Association of Nigerian Electricity Distributors (ANED), was reacting to a statement credited to Saleh Mamman, minister of power, that DisCos should either show they have enough capacity to distribute electricity or step aside for other investors.

Oduntan told ARISE TV in an interview on Monday that the federal government refused the offer on both occasions.

ANED is the umbrella body of the DisCos.

“We believe that as long as the government or regulator do the right thing that is consistent with the wordings and tenets of the agreement signed with the private investors, they are free to take any action as long as the rule of law is observed,” he said.

“As far as we are concerned, we have taken our licences to them, before two times, one during the tenure of Jonathan. We said thank you for selling to us, take we are no more interested. It is called force majeure in law. Give us our money back. They said no; we are not taking it from you. They gave it back to us that we should keep on running it.

“During Buhari’s time, we said we are no more interested. They said no. For us to have filed force majeure tells you we are not a desperate set of people. All their concern is to be able to recover their costs. What we all want is electricity.”

There have been calls from various quarters for the federal government to review the privatisation process that held in 2013 resulting in the unbundling of the power sector.

teadrake:
Can't you imagine what the chief executive officer of a state just said. His deputy cannot be prosecuted because he enjoys immunity not because he forged certificate.

Dansuqi:
Remove fayose the failure from here

Staro:
Sharrrapp that dirty stinky mouth !
Why are all you ZOMBIES like this?

Are you supporting Buhari to hand over nearly #40b ($110m) of
Nigeria's stolen money to Gov Bagudu?

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voltron14:
Nigeria has a democratically elected government.

If we continue with this, not even your own preferred government would lay hands on monies belonging to the nation.

Kennyprince:
The day the court reverse the glaring injustice melted against Gov David Lyon would be my happiest day.

The way they took the mandate from him was so unfair. If we have any law in this country, then this case must be revisited

Flyingngel:
executive12 post:


Well I agree with you. Look at our East- West road which he left incomplete after 7years as president.

Flyingngel:
If Gej who I taught coming from a minority tribe will put restructuring at the front burner refuses to do but rather was pursing second term with so much energy, why do you think that Buhari who their people claim that they are majority and also eating fat on Niger Delta oil will think abt restructuring which will open the yansh of lazy Northerners: then that people is seriously joking.