Power Privatization in Nigeria fraud, complete failure- Ajaero

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By Ogaga Ariemu

The General Secretary/CEO National Union of Electricity Employees (NUEE), Comrade Joe Ajaero has described the privatization of power generation, distribution in Nigeria as fraud, complete failure.

Ajaero, said this in an interview on Channelstv’s Sunrise Daily on Tuesday 17th November.

Accordingly he noted that since the privatization of the power sector in Nigeria no improvement has been recorded in the Nigeria’s power industry.

“Privatization is what you are seeing today, it is a fraud, it is an exercise that will not better the sector, Tariff have been going up, this is the fifth electricity Tarriff has been increased yet power has not improved.

“And somebody is still advocating for the privatization process to continue that way, it is painful to Nigerians, unless we have to rethink this process and look for way forward, privatization is a complete failure”, he said.

He advanced that Government should give equal level playing ground for stakeholders in the power sector for healthy competition to strive.