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Nairaland Forum / Nairaland / General / Politics / Buhari Can Cancel Power Privatisation – Nerc Boss (1265 Views)
Why We Won’t Reverse Power Privatisation – FG / Buhari: I'm In Dilemma Over Power Privatisation / Buhari Can Cancel Power Privatisation – Nerc Boss (2) (3) (4)
Buhari Can Cancel Power Privatisation – Nerc Boss by bappahman: 9:52am On Apr 13, 2015 |
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 |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by chumakk: 9:55am On Apr 13, 2015 |
I haven't seen any improvement since the privatization so why not 2 Likes |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by pistol: 9:59am On Apr 13, 2015 |
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. |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by boolet: 10:03am On Apr 13, 2015 |
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: |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by PointB: 10:04am On Apr 13, 2015 |
I won't be surprised if he does so. His antecedent precedes him. 2 Likes |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by bappahman: 10:48am On Apr 13, 2015 |
I support privatisation but not the way PDP did it.. we need a clean nd detailed bidding process |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by megaik: 11:01am On Apr 13, 2015 |
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. |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by san4real(m): 1:53pm On Apr 13, 2015 |
bappahman:please what's wrong with the Apc channel, just disappeared this morning? |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by zantama05(m): 2:05pm On Apr 13, 2015 |
this is what we have already know ![]() NEPA is remain constant in BABA administration
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Re: Buhari Can Cancel Power Privatisation – Nerc Boss by ichidodo: 2:43pm On Apr 13, 2015 |
You can only change the date or even guests of a burial but the burial remains the same...However buhari wants to do this, it remains obvious privatization is the best way for the ailing sector,we don't envisage him wasting revenue on a welfare adventure of bundling the whole process into one behemoth populated by northerners and their collaborators feeding fat on ineffeciencies and institutional corruption as it was in the olden days.. |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by OrlandoOwoh(m): 3:02pm On Apr 13, 2015 |
What surprises me the most is that after privatizing the power sector, the government wasted billions of naira on the discos to assist them. |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by Nobody: 3:36pm On Apr 13, 2015 |
Everything is possible and even backwardness is an option . However to destroy what others have built is to invite problems to ones head. |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by bappahman: 4:18pm On Apr 13, 2015 |
san4real:$ APC BBM CHANNEL BACK &BETTER, Pin: C00202706 |
Re: Buhari Can Cancel Power Privatisation – Nerc Boss by san4real(m): 7:41pm On Apr 13, 2015 |
bappahman:thanks bro |
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