The immediate past chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi and the Secretary-General of the National Union of Electricity Employees (NUEE), Mr. Joe Ajaero, have condemned the privatisation of the power sector.
While Amadi stated that the government’s failure in the sector could not be cured by privatisation, Ajaero argued that the private sector players who bought the power assets had not delivered on the promises they made since they took over the firms unbundled from the defunct Power Holding Company of Nigeria (PHCN) four years ago.
Both men spoke in Abuja during a dialogue organised by Nextier Power, an electricity advisory firm headquartered in Abuja.
While Amadi insisted that government needs to reform how it does business, Ajaero stated that the model of privatisation adopted by the Federal Ggovernment could not be understood by many, as the power distribution companies had failed to even provide meters for electricity consumers.