Power sector not privatised but balkanised for cronies — Joe Ajaero

Joe Ajaero, Deputy President of Nigeria Labour Congress, NLC, has said what happened in the power sector was not privatisation, but a balkanisation because it was skewed to benefit the government’s cronies.

Ajaero, who is also the General Secretary of the National Union of Electricity Employees, NUEE, further described the process as a fluke and fraud, asking why the government would pump N1.7 trillion in five years into a sector it privatised.

The union leader was speaking on Channels TV Sunrise Daily on Tuesday, on the topic “Nigeria’s Power Privatisation, The Journey So Far”.

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According to Ajaero, genuine private owners can build and thrive side-by-side public ownership, “as we have with NESCO in Jos, which has been generating, transmitting and distributing power since 1929.”