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No Going Back on PHCN Privatisation, Says FG

26 Aug 2012

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Minister of State, Power, Darius  Ishaku

By Victor Efeizomor

The Federal Government Saturday in Asaba, Delta State capital, reaffirmed that it was  proceeding with the implementation of the privatisation  process  of the Power Holding  Company of Nigeria (PHCN) .

Minister of State, Power, Darius  Ishaku,  who stated this  while declaring open a two-day  retreat organised by the Federal Ministry of Power   for stakeholders in the power sector,  said the Federal Government was not only determined to adhere to the timeline but  would also ensure that frequent and stable power supply is  guaranteed to Nigerians.

Ishaku said at the workshop which has as theme, Stable Power Supply: The Path Towards Achieving System Reliability, that “Privatisation is on-going and there is no going back. It will continue and that is the only way forward to get us out of the power problem. We will continue to do our best to make the power sector stronger and build confidence in the people.”
He assured PHCN workers that the on-going reform will not lead to loss of jobs, adding that it is not possible to be talking about increase in power output without the input of the workers as it will rather lead   to increase in their bargaining power for salary increase.

“I do not see how it is possible for us to be talking about   targeting 12,000 megawatts to 20,000 megawatts when  the industry  staff   will be  reduced to half’ it is not possible.

“If you are targeting increase in output, the staff strength should also increase because I do not see us importing staff from China, Canada or India, the staff must be those staff that are working here, that must be trained.

“I see a situation where your salary should move from one step, to two steps or three steps to what you are earning now. It will lead to salary increase, more than what you are earning now. At the end of the tunnel, we will see a bright light, just that there is a parallel shift, the change is for good,” he said.

Tags: News, Nigeria, Featured, PHCN Privatisation

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  • Must You (FG) privatise PHCN b4 it will work?
    Privatization is selfish ambition of few in power not @ national interest.why can�t they(FG) embark on total overhauling of long aged power plants

    From: Muyiwa A O

    Posted: 9 months ago

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  • Nigerians support you all the way .We have been held hostage by the NEPA CABAL for too long .LET THERE BE LIGHT !!!

    From: dannewlife

    Posted: 9 months ago

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  • @Muyiwa A O,
    You be proper aboki. Do you know how many times NEPA overhaul has been carried out? What you are saying is like telling the FG, please do not allow MTN, GLO, AIRTEL, Visafone etc to enter the Telecom industry , instead overhaul NITEL?

    From: emmanuel

    Posted: 9 months ago

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  • Muyiwa, you are among those pulling the country backwards may be you work with PHCN that is the only way you can talk like this why should government be involve with such a thing.

    From: Tony Uka

    Posted: 9 months ago

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  • Privatization is the only option in Nigeria. It is very clear to all that all the Government owned institutions are laden with corrupt people. Let all such institutions be sold off. Money will no longer be stolen from such organisations again. PHCN and all other institutions should be privatized.

    From: chris

    Posted: 9 months ago

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  • A system where decisions are taken arbitrarily with no effective review mechanism is susceptible to corruption. A country such as Nigeria where corruption and materialism is glorified cannot work effectively in providing basic infrastrures for the society. The solution to the provision of these basic infrastructures in my humble opinion, is the deregulation of services such as power just like what has been done in the communication industry. Remember what David Mark said when he was the communication minister. He said "telephone is not for the poor" but today no disrepect but even the bus conductors have mobile phones. This is because ,the monopoly Nitel was enjoying was broken by OBJ whereby allowing companies like MTN, M-Tel, Glo etc to come into the market and increasing competition, which has driven down prices. This is what would happen once the power sector is privatised. Once this is done, you would no longer hear about PHCN. Do you still hear about Nitel ?. We will have so many companies supplying power and there will be power everywhere at affordable price...this is what privatisation is about.

    From: Richard Okoduwa

    Posted: 9 months ago

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  • The minister is right. Check the maritime and communications sectors. Workers are now better off and the good hands are now in the employ of the private operators. Good for them, good for Nigeria. PHCN privatisation must proceed. Enough of selfishness and mediocrity.

    From: Enyeribe

    Posted: 9 months ago

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