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Nairaland Forum / Nairaland / General / Politics / Dogara Asks FG To Review Power Privatization (6411 Views)
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Dogara Asks FG To Review Power Privatization by energywatchng: 8:39am On Dec 14, 2016 |
Speaker of the House of Representatives Yakubu Dogara has called for a review of the power sector privatization. Dogara, who spoke during a public hearing by the committees on power and privatization and commercialization yesterday in Abuja, said millions of Nigerians are being exploited through estimated bills by the staff of different electricity companies. Represented by the Minority Whip, Rep Yakubu Barde, the speaker also expressed dismay that the duration of uninterrupted power supply in the country is now between six and eight hours daily, adding that the process of metering customers in the country was dismal. Dogara also noted that while the country’s power generation capacity has not improved, tariffs were increased in February this year. “The whole essence of the Federal Government embarking on the privatization of the defunct Power Holding Company of Nigeria (PHCN) and the electric power sector reform program was to bring about efficiency to electricity supply. Unfortunately, since the unbundling of PHCN and transfer of the businesses to the privately-operated successor companies on November 1, 2013, we have not had a good report from the electricity market. “The statistics show an abysmal situation of things and if this trend continues, there may be need for a fundamental re-thinking of the privatization process in Nigeria. “In spite of all these, we have reports that the cumulative market shortfall has risen to over N700bn as of date. This trend escalates at the rate of about N25.6bn monthly from NBET’s August 2016 Electricity Market Payment Report,” he said. http://www.energywatchng.com/dogara-asks-fg-to-review-power-privatization/ |
Re: Dogara Asks FG To Review Power Privatization by EdCure: 8:40am On Dec 14, 2016 |
The privatization was a fraud. That's why the DisCos have been failing to work. Worse still, they fleece hapless consumers with ridiculous bills that make you think it's cheaper to use generators. 18 Likes |
Re: Dogara Asks FG To Review Power Privatization by veekid(m): 10:28am On Dec 14, 2016 |
ogbeni no do rough play o |
Re: Dogara Asks FG To Review Power Privatization by nwosu35: 10:29am On Dec 14, 2016 |
story for the Gods |
Re: Dogara Asks FG To Review Power Privatization by Compliant(m): 10:29am On Dec 14, 2016 |
WE JUST NEED TO REVISIT THE ISSUE NEPA SEEMS FAR BETTER SO WHAT IS THE NEED FOR PRIVATIZATION ? CORRUPTION EVERY WHERE 2 Likes 1 Share |
Re: Dogara Asks FG To Review Power Privatization by femmy2010(m): 10:29am On Dec 14, 2016 |
Even the NEPA we thought was bad is no way close to the worst DISCOS we have now . The review is very important 5 Likes
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Re: Dogara Asks FG To Review Power Privatization by Firefire(m): 10:29am On Dec 14, 2016 |
This 'goberment' is a failure. |
Re: Dogara Asks FG To Review Power Privatization by godwinkessi: 10:29am On Dec 14, 2016 |
Sai baba |
Re: Dogara Asks FG To Review Power Privatization by Atiku2019: 10:29am On Dec 14, 2016 |
I'm Observing............ 1 Like
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Re: Dogara Asks FG To Review Power Privatization by gergemam: 10:29am On Dec 14, 2016 |
SOLUTION: Cut-off Grid... each state should generate and distribute her own electricity... enough of GENCO's, TCN, and DISCO's 8 Likes |
Re: Dogara Asks FG To Review Power Privatization by Chrisozone: 10:30am On Dec 14, 2016 |
Until you talk to a president that can think and act like a human being, until then I will say you shld stop wasting ur time 2 Likes |
Re: Dogara Asks FG To Review Power Privatization by lekpaboy(m): 10:31am On Dec 14, 2016 |
Until we put on our thinking cap no where naija |
Re: Dogara Asks FG To Review Power Privatization by slurryeye: 10:31am On Dec 14, 2016 |
Like I always say, Democracy is not for Africa and Nigeria in particular Someone should inform me when power gets better in 2046 4 Likes |
Re: Dogara Asks FG To Review Power Privatization by sleepyeyez(m): 10:32am On Dec 14, 2016 |
Ejor o. Dey Shld jus bring back NEPA. Make we manage am like that. The DISCOs have failed us |
Re: Dogara Asks FG To Review Power Privatization by Pavore9: 10:32am On Dec 14, 2016 |
The concept of estimated bill is exploitative. |
Re: Dogara Asks FG To Review Power Privatization by Ijaya123: 10:35am On Dec 14, 2016 |
Barth Nnaji's legacy. 1 Like |
Re: Dogara Asks FG To Review Power Privatization by Nobody: 10:37am On Dec 14, 2016 |
Tojuslii:politicians hijacked it from him. 2 Likes |
Re: Dogara Asks FG To Review Power Privatization by gebest: 10:38am On Dec 14, 2016 |
i told Jonathan but he didt listen, how can u privatize big company like power, the compa.y is too huge to be privatize for my liking 1 Like |
Re: Dogara Asks FG To Review Power Privatization by Josmila(m): 10:39am On Dec 14, 2016 |
They shared the power companies to their cronies who had no iota of knowledge about the power sector. Nigerians have not fared any better with the so-called privatization. Power supply is still abysmally poor and almost nonexistent in some areas, yet estimated bills keep pouring every other month. 4 Likes |
Re: Dogara Asks FG To Review Power Privatization by objobj: 10:43am On Dec 14, 2016 |
lekpaboy: so we have not beeen thinking all this while? Even with the professionals in that sectors? Pls u'll need to think well again. |
Re: Dogara Asks FG To Review Power Privatization by RentALodge: 10:45am On Dec 14, 2016 |
Yes. The Privatization of Power Sector Has Disappointed Nigerians. The only thing reliable about Nigeria’s power supply is its unreliability. Nigeria began privatizing its power sector in 2010, handing over state-owned distribution and generation companies to investors in an effort to improve power supply and transmission. Obasanjo alone spent over $16 billion. Just last week, India completed the biggest solar plant in the world for less than $700 million. This means that Obasanjo would have built more than 20 of these plants. Nigeria’s power generation lags behind the demands of its own economy, which is Africa’s largest. The sounds of generators are ubiquitous. Nigeria-based surveyor NOI Polls reported that in 2013, 81 percent of Nigerians used alternative sources for electricity other than the national grid. Which way, Nigeria? 4 Likes
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Re: Dogara Asks FG To Review Power Privatization by Dare2Try(m): 10:45am On Dec 14, 2016 |
Hmm Nigeria ojo ju mo laji ri iyah |
Re: Dogara Asks FG To Review Power Privatization by bigpicture001: 10:46am On Dec 14, 2016 |
Tojuslii:...you are a kid to nigerian politics...all the way it has been vexing the ruling APC that they didn't participate in the ownership of privatization.i said it in ma last post on power.those protest at difrnt DISCOS offices was sponsord.if aikuisten and tinubu do not participate in power ownership.it can't nvr b complete.yestadai.an article wz here explaining y d discos dnt función properly...naija is a joke! |
Re: Dogara Asks FG To Review Power Privatization by masseratti: 10:56am On Dec 14, 2016 |
bigpicture001:amazing so Because tinubu didn't not participate in power sector thats why it didn't work? Enlightened me more. 1 Like |
Re: Dogara Asks FG To Review Power Privatization by ceasare: 11:10am On Dec 14, 2016 |
gergemam: Keeps me wondering if all our pass leaders if none of them Has d sense to know that d solution u proffered is just d only Way out of this quagmire! Abi the Indian and Lebanese demons importing and selling gens Are not done yet with our collective destiny as a nation? Maybe we will hv stable electricity during Jesus 2nd coming ..... |
Re: Dogara Asks FG To Review Power Privatization by SweetJoystick(m): 11:16am On Dec 14, 2016 |
Wetin? You get interest to go there? Fashola don talk say no review of privatisation |
Re: Dogara Asks FG To Review Power Privatization by truthspeaks: 11:17am On Dec 14, 2016 |
Govt still owns TCN, n u knw anythn Govt doesn't wrk. Forex is affecting gas supply to Gencos n u knw how much inconsistent d Forex policies have bn, Discos can't access loans especially wen it comes wit outrageous interest but ur Govt subsidies pilgrimage travels dat doesn't contribute anythn to d economy. So tel me how d sector wld work if Govt keeps misplacing its priorities gergemam: |
Re: Dogara Asks FG To Review Power Privatization by AZeD1(m): 11:18am On Dec 14, 2016 |
gergemam:Like it was that easy. |
Re: Dogara Asks FG To Review Power Privatization by truthspeaks: 11:19am On Dec 14, 2016 |
Govt still owns TCN, n u knw anythn Govt doesn't wrk. Forex is affecting gas supply to Gencos n u knw how much inconsistent d Forex policies have bn, Discos can't access loans especially wen it comes wit outrageous interest but ur Govt subsidies pilgrimage travels dat doesn't contribute anythn to d economy. So tel me how d sector wld work if Govt keeps misplacing its priorities sleepyeyez: |
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