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.”


www.leadership.ng/news/425400/buhari-can-cancel-power-privatisation-nerc-boss

I haven't seen any improvement since the privatization so why not

it will be catastrophic.
the magic of power transformation will not happen overnight.
Let Buhari not take us back to Egypt.
his moronic followers that lost out in the privatization will be urging him on.

Should we not move forward? Privatization of the power sector has only been a redefinition of stagnation in the development of the power sector. Meanwhile, in most sane countries, social amenities are provided by government.

pistol:
it will be catastrophic.
the magic of power transformation will not happen overnight.
Let Buhari not take us back to Egypt.
his moronic followers that lost out in the privatization will be urging him on.

I won't be surprised if he does so.

His antecedent precedes him.

I support privatisation but not the way PDP did it.. we need a clean nd detailed bidding process

Pls GMB reverse these fake privatisation process done in corrupt environment. Doing this alone will create serious employment opportunities because I work in this industry ,so I have first hand information on the process.

bappahman:
I support privatisation but not the way PDP did it.. we need a clean nd detailed bidding process

please what's wrong with the Apc channel, just disappeared this morning?

this is what we have already know

NEPA is remain constant in BABA administration

What surprises me the most is that after privatizing the power sector, the government wasted billions of naira on the discos to assist them.

Everything is possible and even backwardness is an option . However to destroy what others have built is to invite problems to ones head.

san4real:
please what's wrong with the Apc channel, just disappeared this morning?

$

APC BBM CHANNEL BACK &BETTER, Pin: C00202706

bappahman:
$

APC BBM CHANNEL BACK &BETTER, Pin: C00202706

thanks bro