✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Buhari, reverse sale of PHCN now

Recently, President Muhammadu Buhari was in a vehement lamentation of the power sector in spite of the privatization as the new operators are only interested…

Recently, President Muhammadu Buhari was in a vehement lamentation of the power sector in spite of the privatization as the new operators are only interested in the jumbo salaries. Similarly, former Vice President, Atiku Abubakar advised the government to muster the political will to reverse the sagacious privatization exercise of the Power sector which has made many Nigerians jobless and millions subjected to darkness and extortion in form of tariffs.  
The vast political task before the APC government is in the area of power sector; particularly the DISCOS Operators are living large. Nigerians are yearning to see the change mantra slogans translate into positivism in all sectors of the economy, so, no stone should be left unturned in this quest for a better and flourishing Nigeria.  
On the Economy, everyone knows that Buhari has a gigantic task before him. And it appears that he has not recognized that he who controls the power sector and the labour market controls the economy, hence the power sector should not be left in the hands of the politicians.
Buhari may not have the full knowledge of what is happening in DISCOS, TCN and GENCOS under his watch because, all is not well in the privatization as so many DISCOS Staff, are short-changed in the payment of severance package. For instance, some who have spent between 1-5 years collected less than a million naira and are disengaged from service. Many have been sent to the labour market that is highly saturated. Time to act is now or never, all disengaged PHCN Staff are short changed in the payment of the severance package as the protesters Kaduna recently displayed in their placards. The Ex DG, BPE must give a lot explanations to this sheer wickedness, if Buhari’s corruption crusading is impeccable as Nigerians asking these pertinent questions begging for an answer.
President Buhari should also know that the power sector investors are starving Nigerians electricity wise with so many communities without electricity and they have also embarked on massive sacking of Nigerians and replacing them with their children whom they pay outrageous money as salary package at the expense of the masses. Is it the change that Buhari/APC promised us?
Buhari must know that those cabals that cornered the PHCN assets are generating Billions of naira every month and using it to build their political get-together. Buhari must uproot them now by carrying out a comprehensive and vehement review of the process. The federal government should do the needful in the electricity industry if Buhari wants the continuity of APC at all levels of governance in Nigeria.
Muhammed D. Eibo Adanu,
[email protected]
 

VERIFIED: It is now possible to live in Nigeria and earn salary in US Dollars with premium domains, you can earn as much as $12,000 (₦18 Million).
Click here to start.