Electricity
distribution companies in the country say they have offered to return their
licences to the federal government on two different occasions.
Sunday Oduntan,
executive director of research and advocacy of the Association of Nigerian
Electricity Distributors (ANED), was reacting to a statement credited to Saleh
Mamman, minister of power, that DisCos should either show they have enough
capacity to distribute electricity or step aside for other investors.
Oduntan told ARISE
TV in an interview on Monday that the federal government refused the offer on
both occasions.
ANED is the umbrella
body of the DisCos.
“We believe that as
long as the government or regulator do the right thing that is consistent with
the wordings and tenets of the agreement signed with the private investors,
they are free to take any action as long as the rule of law is observed,” he
said.
“As far as we are
concerned, we have taken our licences to them, before two times, one during the
tenure of Jonathan. We said thank you for selling to us, take we are no more
interested. It is called force majeure in law. Give us our money back. They
said no; we are not taking it from you. They gave it back to us that we should
keep on running it.
“During Buhari’s
time, we said we are no more interested. They said no. For us to have filed
force majeure tells you we are not a desperate set of people. All their concern
is to be able to recover their costs. What we all want is electricity.”
There have been
calls from various quarters for the federal government to review the
privatisation process that held in 2013 resulting in the unbundling of the
power sector.
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