Labour and other stakeholders want President Muhammadu Buhari to reverse the sales of Power Holding Company of Nigeria (PHCN) before he leaves Aso Rock as a par
Bearing his mind when this medium was in his shop to buy some products, Alhaji Isa Kaita, a shop owner along Toyin Street, Ikeja, Lagos said, when the light went off, “Na so them dey do every day.”When reminded of problems that may arise from the called cancelation, Kaita said: “I believe if truly government is ready to cancel the privatisation, it can do it without stress. And it is only FG that can do it.
“Good day, please be informed that the increase in Tariff is in compliance with NERC order,” the Disco stated. “We call on the government to reverse the power sector privatisation because it has failed. The privatisation of public utilities has not generally proven to be the correct thing to do in most countries, even developed ones; according to a study released by Public Services International.”
“However, in five years, after privatisation, the government has given them N1.7 trillion and at a time was subsidising with N1.7 billion daily.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Commuters groan over gridlock as construction resumes on Lagos-Ibadan ExpresswaySome road users on Thursday appealed to the Federal Government to adopt more measures to reduce gridlock as contractors returned to the site after the
Read more »
Lagos-Ibadan highway: Commuters groan as Julius Berger returnsGridlock on Wednesday returned to the Longbridge axis of the Lagos-Ibadan Expressway, as Julius Berger resumed construction works on the road.
Read more »
Discos hike tariff secretly, consumers kickElectricity distribution companies have quietly increased the payable by power consumers across the country.
Read more »
Newspaper Headlines: Consumers protest as DisCos secretly hike electricity tariff | TheCableReports on the huge amount of money spent on debt serving by the federal government dominated the cover pages of Nigerian newspapers.
Read more »
Halt NDDC board inauguration, Ondo stakeholders urge courtMajor stakeholders in the Ilaje Local Government Area of Ondo State have asked a Federal High Court sitting in Abuja to stop the President, Major General Muhammadu Buhari (rtd), from inaugurating the Governing Board of the Niger Delta Development Commission pending the hearing and determination of the suit filed in Court.
Read more »
Ondo stakeholders sue Buhari over NDDC nominee, seek to stop inauguration of board | TheCableMajor stakeholders in Ilaje LGA of Ondo state have asked a federal high court in Abuja to stop President Muhammadu Buhari from...
Read more »