Many Nigerian consumers of electricity believe that the greatest news in the electricity sector in 2013 was the eventual handing over of PHCN to new investors; a step that many said had added to several existing landmarks in the adventure of making electricity a readily available product for individuals and organisations.
There are, however, questions on whether this particular step would be the joker to finally give consumers value for their money and once again, lend wings to the already crawling small and medium scale industries.
History was made in Abuja when formal presentation of share certificates and licences were made to 14 new investors in the defunct Power Holding Company of Nigeria by President Goodluck Jonathan on November 1.
That event ended the long-awaited privatisation of the nation’s power sector. In showing the Federal Government’s commitment to the privatisation process, the President had said that government would provide an additional $750m grant to the Nigerian Bulk Electricity Trading Company.
No comments:
Post a Comment