News
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
The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has tasked troops of Operation SAVANNAH SHIELD to dominate the battlespace and intensify offensive operations against kidnappers, bandits and other criminal elements in the North Central region.
Shaibu gave the directive yesterday during his maiden operational visit to the Headquarters, Joint Task Force North Central (JTF-NC), at Sobi Barracks, Ilorin.
This is contained in a statement by the Acting Director, Army Public Relations, Col. Appolonia Anele, in Abuja, yesterday.
Shaibu said the Nigerian Army would remain resolute in its constitutional responsibility of safeguarding lives and property, stressing that troops must sustain pressure to decisively deny criminal elements freedom of action.
He assured personnel of continued deployment of combat enablers and operational resources to enhance clearance operations and dismantle criminal hideouts across Kwara and Niger states.
The COAS reaffirmed his commitment to troop welfare, noting that improved welfare remained critical to sustaining morale, operational effectiveness and combat readiness.
He urged the troops to remain disciplined, professional and loyal to the Constitution and the democratically elected government.
Earlier, the Theatre Commander, JTF-NC Operation SAVANNAH SHIELD, Maj.-Gen. Yakubu Yahaya, commended the COAS for his strategic leadership and support.
Yahaya assured that troops would remain committed and steadfast in restoring peace and stability in the region.
The Nigerian Navy says it is expanding training and infrastructure to address emerging security threats and strengthen operational efficiency across formations and units nationwide.
The Chief of Naval Staff, Vice Adm. Idi Abbas, spoke during the inauguration of projects at the Nigerian Navy Basic Training School (NNBTS) in Onne, Rivers as part of activities marking the Nigerian Navy’s 70th anniversary.
Abbas, represented by the Flag Officer Commanding, Naval Training Command (NAVTRAC), Rear Adm. Ebiobowei Zipele, said the projects reflected significant progress made by the navy since its establishment in 1956 from the British Royal Navy.
“Training and infrastructure have improved significantly to meet contemporary security challenges and fulfil the navy’s constitutional responsibilities.”
According to him, the anniversary provides the navy an opportunity to reflect on its achievements and contributions over the past seven decades.
Projects inaugurated included a remodelled female trainees’ hostel accommodating more than 500 occupants and an expanded golf course upgraded from one to nine holes.
Others were the NNBTS fuel dump, Chief Boatswain’s Mate House, renovated pharmacy department and a new theatre block at the Naval Medical Centre, Onne.
Abbas described the new theatre as a major milestone for the navy’s medical services.
“Previously, injured personnel requiring surgeries were referred outside the facility.
“With this theatre, surgeries can now be conducted within the base.’’
He added that a 30KVA inverter had also been installed to guarantee uninterrupted electricity supply at the training school.
The naval chief assured officers, ratings and trainees that the navy leadership remained committed to their welfare and wellbeing.
“These infrastructure upgrades show the commitment of the Chief of Naval Staff to addressing operational and welfare challenges promptly,” he said.
In addition, NAVTRAC distributed educational materials to pupils of Community Primary Schools One and Two, Ogale, in Ebubu-Eleme area of Rivers.
Items distributed included exercise books, school bags and other writing materials as part of the navy’s civil-military engagement initiative.
Zipele said the outreach was designed to strengthen relations between the navy and host communities while supporting children’s education.
“Education remains critical to national growth and youth empowerment. Some of these pupils may eventually serve in the Nigerian Navy,” he said.
He noted that the initiative demonstrated the navy’s commitment to educational development, peace, security and sustainable community relations.
Zipele urged the pupils to remain disciplined, focused and committed to their studies while embracing patriotism, integrity and hard work.
He thanked the Ebubu community for its continued support for the naval training command headquarters and the navy.
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