TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

One year post-power privatisation nightmare – PUNCH

The Citizen by The Citizen
December 8 2014
in Public Affairs, Uncategorized
A A
0

GOVERNMENT’S transfer of 17 of the 18 firms unbundled from the Power Holding Company of Nigeria to private owners on October 31 last year was applauded by many as a significant paradigm shift, as it was in line with global best practices. Optimism about a sea change in electricity output, which arose from the pledges the buyers had made to invest and turn the sector around, therefore, resonated across the country.

Ironically, the hope of Nigerians, sooner than later, dissolved into anguish. The Minister of Power, Chinedu Nebo’s media briefing on November 24, where he showcased his performance, indirectly, became a veritable forum to properly situate the crisis in the power sector. Nebo had criticised the electricity distribution companies for rejecting electricity load allocations to them and having warehouses that were empty of equipment needed to swiftly respond to customers’ demands.

Not done, the minister charged the grossly inept firms, “From now henceforth, any DisCo that rejects electricity load allocation would be sanctioned, or its licence withdrawn.” Much earlier, the National Electricity Regulatory Commission, headed by Sam Amadi, had given the DisCos a 45-day ultimatum to give pre-paid meters to consumers who had paid for them since 2011.

Apparently, these ultimatums to the DisCos are not new. In January, the minister conveyed a directive from President Goodluck Jonathan charging them to ensure that power supply to customers was significantly and visibly improved by June. He emphasised that the Federal Government “will no longer tolerate any excuse for non-performance,” and as usual, ended the engagement with a threat to revoke the licence of any errant company. Many are no longer persuaded by such executive sound and fury.

As the Nebo revelation shows, nothing epitomises the disinclination of the DisCos so involved, to service delivery, than the rejection of power loads given them. Today, most homes in the country have no electricity; they groan, while toxic fumes from generators have wiped out many families. Many industries have folded up. Others still in business are being sustained by diesel generators, which increase their production costs; a burden ultimately transferred to consumers.

From the 4,517.6 megawatts the country had on December 23, 2013, to the 3,750.73MW generated as of November 19, 2014, according to the Ministry of Power figures, it is evident that progress is eluding us in the power sector reforms, one year after the DisCos and electricity generation companies seized the power landscape. This is definitely not what Nigerians bargained for!

Yet, consumers are being made to pay bills for electricity they do not consume through the racket-induced estimated billing system, just as the tariffs are hiked periodically – no thanks to the Multi-Year Tariff Order. This is unfortunate. We do not know of any country where citizens are fleeced with the knowledge and connivance of the state.

The waywardness in the power sector has its genesis in the cronyism and patronage that underpinned the privatisation process. Former President Olusegun Obasanjo whose administration initiated the power reforms accused the privatisation handlers of selling the power firms to their “friends and families.”

This is the real nemesis. And it explains perhaps, why the DisCos flagrantly disregard the rules of engagement and countless regulator’s directives. We believe that a government that cannot enforce its rules has lost the capacity to govern. It is at this crossroads that the Jonathan administration is located.

All over the world, rules govern privatisation; just as developed economies of the West have reaped bountifully from such economic policy. If ours is an exception, then the government should have a rethink. The privatisation process hit the rocks right from the outset, when foreign firms with the requisite expertise and capital to participate were made to steer clear, due to glaring opacity and cronyism that attended the sale process.

It is an embarrassment that in spite of over $35 billion invested in power in the last 10 years, the government’s promise of achieving 5,000MW output by the end of December this year, has again been shifted to January 2015, a pattern that has marked the entire power reform roadmap. In fact, the envisaged 5,000MW is a far cry from the 200,000MW, which Nebo said in May were needed to meet national demand.

Just as Ghana has been teaching us lessons in good governance, it has once again showed Nigeria the way in the handling or managing of electricity crisis, when its president, John Mahama, sacked the Managing Director, Electricity Company of Ghana, William Mensah, two weeks ago. And what was his offence? The country’s power output decreased to 2,125MW, the worst in recent times. Ghana with a population of about 27 million has an installed capacity of 2,884 MW. Contrast Nigeria’s current 3,700MW serving over 160 million people with South Africa’s power output of 44,074.4MW for a population of 49 million, according to its Presidential Task Force in Power, then our tragic situation comes out in bold relief.

A more efficient government is a more trusted government. The Federal Government must address its own irresponsibility that has fuelled gas shortage in a major oil producing country. The National Independent Power Projects with a capacity of about 5,000MW have yet to be activated as a result. Also, not wheeled into national grid are megawatts generated by independent providers and some state governments. The Transmission Company of Nigeria and the GenCos should be made to work, just as the DisCos must be whipped into line. The government should revoke the licences of those firms that remain intransigent.

Nigeria cannot reinvent the wheel. Britain, Brazil, Australia and East European countries have successfully reformed their power sectors through privatisation, while China and India, emerging global economic powers have gone far too in raising their capacity. By just modifying power sector legal environments, they succeeded in attracting foreign investments and technical capabilities to change their economic stories.

This is the way Nigeria should go now, to end its ridiculous narrative of being Africa’s biggest economy run with generators.

 

 

Previous Post

Naira devaluation and austerity measures – The Guardian

Next Post

2015: Lamis Dikko wins PDP senatorial ticket in Katsina

Related Posts

IMF warns Nigeria as Tinubu plans to borrow $5 billion from UAE lender
Public Affairs

Nigeria is bleeding – Punch

June 26 2026
Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure
Public Affairs

Single 6-year tenure, dangerous idea – Punch

June 23 2026
Terrorists kidnap Army Major General, wife in Katsina
Public Affairs

Another General falls – Punch

June 22 2026
Constitution Review: NASS targets Dec 25 for 1st alterations
Public Affairs

NASS jumbo pay under scrutiny, again – Punch

June 19 2026
Waste crisis in states – Punch
Public Affairs

Waste crisis in states – Punch

June 17 2026
Party primaries of discontent – Punch
Public Affairs

Party primaries of discontent – Punch

June 15 2026
Next Post

2015: Lamis Dikko wins PDP senatorial ticket in Katsina

Enugu 2015: Ugwuanyi Support Group launches in USA, backs ‘Gburugburu’ to clinch guber mandate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

by The Editor
June 4 2026
0

...

APPOINTMENTS

Tinubu appoints new NUC chairman

Tinubu appoints new NUC chairman

by The Editor
June 23 2026
0

...

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

by The Editor
June 11 2026
0

...

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

by The Editor
June 9 2026
0

...

Pres. Tinubu swears in two new ministers

Pres. Tinubu swears in two new ministers

by The Editor
June 8 2026
0

...

ODDITIES

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

by The Editor
June 28 2026
0

Of bandits and their informants/sponsors

Police, military, others lost 282 rifles to gunmen – Report

by The Editor
June 27 2026
0

Lagos jails 13 for illegal waste disposal

Lagos jails 13 for illegal waste disposal

by The Editor
June 23 2026
0

GLOBAL NEWS

Venezuela earthquakes leave 920 dead, 50,000 missing

Venezuela earthquakes leave 920 dead, 50,000 missing

by The Editor
June 27 2026
0

...

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

by The Editor
June 23 2026
0

...

Keir Starmer announces resignation as UK Prime Minister

Keir Starmer announces resignation as UK Prime Minister

by The Editor
June 22 2026
0

...

Israel, Hezbollah agree to ceasefire

Israel, Hezbollah agree to ceasefire

by The Editor
June 19 2026
0

...

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

by The Editor
June 19 2026
0

...

State of the States

Imo Police comb forests with drones, rescue kidnapped victim

Imo Police comb forests with drones, rescue kidnapped victim

by The Editor
June 28 2026
0

...

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

by The Editor
June 23 2026
0

...

Katsina extends automatic jobs scheme to first-class graduates

Katsina extends automatic jobs scheme to first-class graduates

by The Editor
June 22 2026
0

...

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

by The Editor
June 19 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Imo Police comb forests with drones, rescue kidnapped victim

Imo Police comb forests with drones, rescue kidnapped victim

June 28 2026
NDLEA seizes N12.4bn cannabis at Lagos Port, busts drug syndicate targeting passengers

NDLEA seizes N12.4bn cannabis at Lagos Port, busts drug syndicate targeting passengers

June 28 2026
FIFA confirms World Cup Round of 32 fixtures, dates, venues

FIFA confirms World Cup Round of 32 fixtures, dates, venues

June 28 2026
My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

My mother trained me selling akara, bananas – Tinubu’s aide backs First Lady’s remarks

June 28 2026

EDITORIAL REVIEW

IMF warns Nigeria as Tinubu plans to borrow $5 billion from UAE lender

Nigeria is bleeding – Punch

by The Editor
June 26 2026
0

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

Single 6-year tenure, dangerous idea – Punch

by The Editor
June 23 2026
0

Terrorists kidnap Army Major General, wife in Katsina

Another General falls – Punch

by The Editor
June 22 2026
0

Constitution Review: NASS targets Dec 25 for 1st alterations

NASS jumbo pay under scrutiny, again – Punch

by The Editor
June 19 2026
0

Waste crisis in states – Punch

Waste crisis in states – Punch

by The Editor
June 17 2026
0

Opinion

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Of bandits and their informants/sponsors

Of bandits and their informants/sponsors

by The Editor
June 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.