President Goodluck Jonathan on Monday handed over share certificates and licenses to the 14 core owners of the Power Holding Corporation of Nigeria with a view to making the power sector better. The President described the process as the most transparent in the history of privatization in Nigeria. The handover officially marks the commencement of the privatization of the power sector.
While noting that the payment of the emoluments of the PHCN staff has almost been completed, he urged the concerned staff to shun any form of demonstration.
The National Union of Electricity Employees of Nigeria staged a warning strike in Abuja in protest against the handover. The aggrieved workers warned the new owners to stay away from the facilities till their demands are met.
In Lagos, PHCN staff to the streets in Alausa, Ikeja over the non-payment of their salaries before the take over. The situation in Ibadan was similar as PHCN staff locked the Capital Building office of the PHCN in Ring Road, Ibadan was locked up by protesting staff. One of the staff who spoke to Street Journal said “they should just pay up and let us go. We are protesting so what happened to NITEL and the Nigerian Railway Corporation does not happen to us”.
Findings also revealed that Eko Distribution company was shut on Monday while it has also been gathered that if the situation persists, the protesting electricity workers may shut down the power system in order to press home their demands.