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Power: Experts Want Review Of Privatisation
Some experts in the power sector have urged the Federal Government to as a matter of urgency review privatisation of the power sector.
The experts, who spoke to the newsmen in Abuja, yesterday, said that privatisation of the power sector was a good idea, but however, added that it was not working.
They said that a comprehensive auditing and review of the sector would form part of efforts to addressing the challenges in the industry.
It will be recalled that privatisation of the sector in November 2013, was an initiative of the Federal Government to transfer ownership and management of power assets to private entities.
The move was to improve efficiency, attract more investments, and enhance overall electricity supply.
Eleven Electricity Distribution Companies (DisCos) and six Generation Companies (GenCos) were formed after the sector was privatised.
However, the transmission arm of the sector was retained by the Federal Government.
Mr Princewill Okorie, the National President, Association for Public Policy Analysis (APPA), said that government should carry out a national audit of the privatisation.
According to him, there should be a national committee to audit the
privatisation and to also review it.
Okorie said that the auditing should be carried out on investments made in infrastructure and the revenue collected from electricity consumers since privatisation began in 2013.
‘’The auditing should also entail investments by consumers, local government councils, state government, Federal Government and the international community.
“Government should carry out a thorough auditing of the privatisation process including investments in infrastructure and how much has been extorted from electricity consumers from inception to date.
Look at how much consumers have paid as tariff from inception till date and how much the investors have invested in the power sector,” he said.
Okorie said that based on the auditing of the sector, discussion on reversing the privatisation policy would be considered.
According to him, when the privatisation of the sector took off, the conditions or criteria that are to be met by investors have not been met.
“ It was not even done on a sincere note and the data used was not correct.`
‘` How can you privatise without adequate investment and it was done in a way to make the citizens become cash cow.
“ Now, the citizens are the ones that are being exploited. What they call privatisation in my opinion is extortion from citizens,” he said.
Okorie said that the audit of the privatisation process would precede the reversal.
Mr Uket Obonga, the National Secretary, Nigeria Electricity Consumers Advocacy Network (NECAN), also called for a review of the privatisation.
Obonga said that when the issue of privatisation came on board, Nigerians were happy that investors were coming to invest in the sector.
He said that privatisation was supposed to bring massive improvement and more infrastructure into the power sector but nothing seems to have improved.
“ So where do we go from here? What are we really doing?. The privatisation that was well conceived has not really worked.
“So let there be a deliberate review of the entire privatisation, ‘’ he said.
Obonga also urged the government to set up a technical forensic audit team to audit the power sector infrastructure.
According to him, Generation Companies (GenCos) have invested so much and their capacity has scaled up to about 14,000 megawatts.
“ Government should ensure that any Electricity Distribution Company (DisCo) that does not have certain amount of money to invest in infrastructure should not be allowed to continue to operate , “he said
Rivers State Governor, Sir Siminalayi Fubara, has demanded quick and full resolution to the challenges arising from the gas leakage that occurred in Bille, Degema Local Government Area of the State.
The governor has also pledged to upgrade the Primary Healthcare Centre (PHC) in Bille with a view to addressing the health challenges confronting the community.
Fubara made the pledge on Wednesday at the Government House, Port Harcourt during an enlarged meeting of key stakeholders, comprising representatives of the Federal Government, the state government and leaders of the community.
The meeting was held to review the situation in the community and explore available opportunities to save the people from the adverse impacts of environmental pollution.
Addressing the journalists at the end of the meeting, the governor acknowledged the determination of the Federal Government and its agencies to get to the root cause of the problem in Bille and ensure that it is resolved permanently.
“The meeting is in respect of the situation in Bille. You’re aware that there is a case of gas leakage somewhere in Bille and the people have been making some requests that the government should come to their rescue to resolve the situation.
“As a state, we have gone to see the situation in the community, not alone but in conjunction with the industry operators and officials of the Federal Ministry of Petroleum Resources. What we are doing today is an enlarged meeting where all the parties are sitting together to look at the cause of the issue and the most possible way to get the problem resolved,” he said.
Fubara described the outcome of the meeting as successful, stressing that more action would be taken in the next couple of weeks to ensure that the issue is fully resolved.
The Minister of State, Petroleum Resources (Gas), Hon Ekperikpe Ekpo, who led the Federal Government’s delegation to the meeting, expressed appreciation to the governor for his warm hospitality and efforts to address the challenge in Bille community.
Ekpo explained that contrary to the perception in certain quarters, the Federal Government has not been silent over the “gas seepage” but has been working tirelessly towards finding a sustainable solution.
The minister explained that as soon as the incident was reported, the Federal Government deployed experts to the area to understudy the cause of the problem.
According to him, it was difficult at first to understand the cause of the problem since there were no oil or gas infrastructure within the vicinity of the incident, hence the need to conduct a more detailed investigation.
“The investigation is still going but we decided to do a follow-up visit to the area to talk to the people of Bille Community that we need collaboration on their part so that we would be able to arrive at a lasting solution.
“The safety of the people is paramount. We can understand their anxiety, the worry and the danger that this thing poses within the area, but the Federal Government is committed to finding a lasting solution to the problem. The primary responsibility of government is to take care of the welfare and security of the people and that is exactly why we are here to go and see things for ourselves,” he said.
The Chief Executive Officer (CEO), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, also explained that as the regulatory agency at the centre of the issue, no effort will be spared in the task of resolving the issue.
Eyesan pledged that the NUPRC and operators in the industry were prepared to address the requests of the impacted people in terms of the provision of potable water and fire trucks to the community.
The Public Relations Officer, Council of Chiefs, Bille Kingdom, Chief Rena Dappa, had during the meeting, presented the challenges facing the community and pleaded for government’s support to save the lives and livelihoods of the people.
President Bola Tinubu has announced the launch of a training programme for 5,000 young Nigerians as meter installers and technicians under the Presidential Metering Initiative.
The President stated that the scheme is aimed at creating jobs, closing the country’s metering gap and improving electricity supply.
The President disclosed this in a statement on his verified X handle yesterday, describing the initiative, tagged “The Power Force,” as part of his administration’s Renewed Hope Agenda to expand employment opportunities for young people.
According to Tinubu, the programme will equip participants with practical technical skills and connect them to employment opportunities in Nigeria’s power sector.
“Through the Presidential Metering Initiative (PMI), which I established to close Nigeria’s metering gap, end estimated billing, protect consumers and strengthen the electricity market, we are opening a new pathway for 5,000 young Nigerians to be trained as meter installers and technicians under The Power Force. This programme is about jobs, skills and dignity,” he said.
Tinubu said the training would be open to eligible Nigerians who have completed their secondary school education, with a dedicated quota reserved for members of the National Youth Service Corps.
He noted that expanding electricity metering was critical to improving service delivery and promoting transparency in the power sector.
“When homes and businesses are properly metered, Nigerians can pay for what they actually use. When electricity distribution companies collect revenues more transparently and fairly, they are better able to reduce losses, maintain infrastructure, expand connections and invest in better service.
“This is how we build a power sector that is fairer to consumers, stronger for investors and better able to deliver reliable electricity to the Nigerian people,” the President said.
Tinubu said he had directed the Presidential Metering Initiative to work with the Federal Ministry of Youth Development, the National Power Training Institute of Nigeria, and other relevant stakeholders to commence the programme within the next 30 days.
He encouraged qualified young Nigerians to apply, saying the initiative would provide them with marketable skills while supporting efforts to eliminate estimated billing and improve electricity access nationwide.
“I encourage eligible young Nigerians to apply. Join The Power Force. Learn a skill. Earn with dignity. Help us end estimated billing and be part of the work to light up Nigeria,” he added.
The Federal Government has announced that the third evacuation flight for Nigerians voluntarily returning from South Africa will arrive Lagos today having departed Johannesburg at midnight yesterday with 271 returnees on board.
The Ministry of Foreign Affairs disclosed this in a statement issued yesterday by its spokesperson, Mr Kimiebi Imomotimi Ebienfa.
According to the ministry, the Air Peace-operated flight is expected to arrive at the Murtala Muhammed International Airport, Lagos, at about 5:30 a.m. on Friday, July 3, 2026.
It said the evacuation is part of the Federal Government’s ongoing efforts to facilitate the voluntary return of Nigerians from South Africa.
“The third evacuation flight operated by Air Peace will depart Johannesburg today by 12 midnight with 271 returnees. The estimated time of arrival in Lagos is 5:30 a.m. on Friday, July 3, 2026,” the statement read.
The latest batch of returnees follows earlier evacuation flights that brought hundreds of Nigerians back to the country under the Federal Government’s voluntary repatriation programme.
