Senate President Bukola Saraki yesterday said the privatisation of the power sector has failed. 

In a welcome address to his colleagues on resumption from end of year recess, Saraki said there was urgent need to address the situation.

“Before we left for the break, myself, a select few of us and stakeholders in the power sector met to get an understanding of why no progress has been made thus far despite the best intention; and the revelations were mind-boggling.

“There had been errors in the privatisation process and the model by which the power sector is being operated-whether at generation or distribution will never take us where we need to be. It has failed and nobody appears willing to tackle the issue head-on towards a permanent resolution, “he said.

He said the Senate Committee on Power has been mandated to consult with the relevant parties to forge a path to solve the country’s crippling power deficit.

“After all, if we are going to drive Nigerian industry, we need to resolve this and fast,” he said.

Saraki reaffirmed the commitment of the Senate to ensure the passage of the Constitutional amendment saying “We must do this to ensure that our people begin to enjoy the benefits of the intended reforms which will help strengthen our unity, increase our prosperity and opportunity as we expand our liberty and happiness across the country.”

On the 2017 budget, he said the Senate would immediately begin work earnestly on the MTEF to ensure passage by the end of the week.

“In this way, consideration and debate on the 2017 budget will immediately follow in the 3 “sitting days” of next week,” he said.

On the Petroleum Industry, he urged the Executive to take positive steps to begin meaningful dialogue with those aggrieved in the Niger Delta to proffer lasting solutions.






http://www.dailytrust.com.ng/news/general/privatisation-of-power-sector-has-failed-saraki/180106.html

2017, Nigeria is still battling with power.

Sure, it has failed. That's what happens when you don't follow due process, when is was done on man know man

Corruption was the reason for it's faliure

Bukola Saraki trying hard to be a saint after his past kworoption antecedents.

mrkayusfit/sarrki good morning my ferrow patriot

Firefire:
Bukola Saraki trying hard to be a saint after his past kworoption antecedents.

he has been purged and sanctified by Saint Buhari

He's now a patriot like sarrki/mrkayusfit

Firefire:
Bukola Saraki trying hard to be a saint after his past kworoption antecedents.

But at least him talk truth this time

Atiku2019:

Bet Why?

ShakaZullu:
mrkayusfit/sarrki good morning my ferrow patriot

Morning brother

ShakaZullu:


he has been purged and sanctified by Saint Buhari

He's now a patriot like sarrki/mrkayusfit

A criminal patriot....

If any known looter be in APC...

Firefire:
Bukola Saraki trying hard to be a saint after his past kworoption antecedents.

I taya o

Is saraki thinking of 2019?

Na u sabi. Nigeria is never a country.

Who didn't know that GEJ sold NEPA to his buddies

Just so he can BAIL THEM OUT


when they sabotage the National Grid


Just as he has paid subsidies to his inlaws and cousins all over the nation for lifting 0 crude