Dangote under fire from DISCOs for speaking ‘recklessly’ about power sector

– Power companies say that Africa’s richest man is reckless with the statement that privatisation of the power sector should be reversed

– ANEDC’s executive director, research and advocacy Sunday Oduntan says Dangote benefited greatly from privatisation of some sectors to become who is he is today and should therefore give that of the power sector a chance

Aliko Dangote

Electricity distribution companies (DISCOs) under the aegis of Association of Nigerian Electricity Distribution Companies (ANEDC) have slammed Africa’s richest man Aliko Dangote for calling for reversal of the privatisation of the power sector.

READ ALSO: Obanikoro in BIG trouble after N40million cheque to EFCC bounces at bank

The Guardian reports through News Agency of Nigeria (NAN) that ANEDC’s executive director, research and advocacy Sunday Oduntan condemned Dangote’s statement as ‘reckless’ in a telephone interview with NAN on Tuesday, November 1.

Dangote had recently called for the reversal of sales of facilities in the power sector when he spoke as a guest lecturer at the National Institute of Policy and Strategic Studies (NIPSS) in Kuru, Plateau state.

He noted that the sector’s privatisation by the federal government was done wrongly and suggested that it should be reversed in the national interest.

READ ALSO: $29.96bn loan: ‘Don’t play with our collective destiny’ Femi Falana tells Buhari

But Oduntan disagrees. He said: “Dangote wanted to take over this business but he failed in 2013.

“He is a good man, but it is surprising that someone like Dangote is calling for re-privatisation of the power sector; he is a product of privatisation.

“He is what he is today because of privatisation because he bought government properties.

“If the power sector receives half of the backing Dangote has gotten from government in this country, there would be light.“

Meanwhile, the national secretariat of the ruling All Progressives Congress (APC) in Abuja has been thrown into darkness following the party’s failure to offset the N1.7 million debt owed Abuja Electricity Distribution Company.

According to Vanguard newspaper, the electricity company decided to wield the big stick, cutting off electricity supply to the secretariat and worsening its already decrepit state.

The post Dangote under fire from DISCOs for speaking ‘recklessly’ about power sector appeared first on Nigeria News today & Breaking news | Read Naij.com 24/7.