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FG urged to revoke PHCN’s privatisation

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SOKOTO, FEBRUARY 8, 2017 – The Chairman, Sokoto State Chapter of the Bureau De Change( BDCs) Operators, Alhaji Aliyu Sahabi, has appealed to President Muhammadu Buhari to revoke the sale of the defunct Power Holding Company of Nigeria(PHCN) to private operators.

Speaking yesterday in Sokoto, the Sokoto State capital, he described the privatisation of the power sector as a complete rip off, lamenting that Nigerians were beung forced to pay for what they did not consume.

The appeal is coming on the heels of recent internal crisis rocking the working relations between workers union and the management of Kaduna Electricity Distribution Company (KEDCO).

The union had accused the management of victimisation following the termination and unecessary delay in confirmation of workers’ appointment after completing their probationary period of six months as well for over charging/billing of consumers using uncalibrated metres recently installed.

Alhaji Sahabi said the revocation would allow the Federal Government to wholly revamp the power sector as well as device a more beneficial billing method for customers.

He said: ‘’After doing so, more funds should be pumped into revamping the sector. This means improved power supply to all parts of the nation, as well as the revival of the collapsed industries.

”This will lead to efficient service delivery to consumers, guarantee constant supply and improved revenue at reasonable cost to consumers.”

He also said revamping the sector would bolster the local manufacturing sector, reduce heavy demands for foreign exchange, especially dollar.

Alhaji Sahabi added that the revival of the manufacturing sector would help to drastically reduce poverty, unemployment, restiveness and crimes, among others.

Access Pensions, Future Shaping
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