Minister of Power, Professor Chinedu Nebo, has said that the handover of Power Holding Company of Nigeria (PHCN) to the private sector has been the greatest achievement of any Nigerian president.
The minister stated this in Abuja when he spoke with journalists in a roundtable.
Professor Nebo stated that previous presidents had tried privatising the sector but could not succeed.
He said the issue of labour alone would have frustrated any president, minister or system.
He said: “By God’s intervention, we have a situation where we were working hand in glove with the unions, occasionally they would go out and say all kinds of things to the press, but eventually they saw that we meant well and at the end of the day, we were able to have a seamless transition from a vertical government-dominated electricity market to a private sector dominated electricity market. I believe this is the right thing to do.”
The minister said President Goodluck Jonathan knew and believed that the privatisation process was what the country needed.
The minister stated this in Abuja when he spoke with journalists in a roundtable.
Professor Nebo stated that previous presidents had tried privatising the sector but could not succeed.
He said the issue of labour alone would have frustrated any president, minister or system.
He said: “By God’s intervention, we have a situation where we were working hand in glove with the unions, occasionally they would go out and say all kinds of things to the press, but eventually they saw that we meant well and at the end of the day, we were able to have a seamless transition from a vertical government-dominated electricity market to a private sector dominated electricity market. I believe this is the right thing to do.”
The minister said President Goodluck Jonathan knew and believed that the privatisation process was what the country needed.
No comments:
Post a Comment