Keen observers and
genuine opposition to privatisation of the power sector must be giggling with
smiles at the recent turn of events. Core investors of Electricity Distribution
Companies are beginning to throw in the towel, after five years of
privatisation characterised by ineptitude and abysmal performance. This was
coming on the heels of government’s determination to wield the big stick and
correct the anomaly prevalent in the power sector for ages.
Government’s
position has already sent shivers down the spine of stakeholders especially
DISCOs known to have persistently violated the rules of engagement. In its bid
to blackmail the government to soft-pedal on certain decisions, the
Distribution Companies registered the Association of Nigerian Electricity
Distributors (ANED).
