Why Atiku’s Three-point Agenda Is Dead On Arrival – National Union Of Electricity Employees (NUEE)

Why Atiku’s Three-point Agenda Is Dead On Arrival – National Union Of Electricity Employees (NUEE)

The National Union of Electricity Employees (NUEE) has described the three-point agenda of Atiku, targeting privatisation of refineries, rail sector, Transmission Company of Nigeria (TCN), and breaking the monopoly of all other infrastructure operations, as dead on arrival.

A statement by the General Secretary, NUEE, Joe Ajaero, yesterday, said Atiku, through the three-point agenda, wants to finish what is left of the citizens’ common patrimony as a nation.

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He said the union challenges Atiku to a debate on national television to prove how the retrogressive economic policy would impact positively on the masses.

Ajaero asked that of the over 60 enterprises privatised when Atiku became Chairman of the National Council on Privatisation (NCP) in 1999, how many are functioning optimally?

He cited the Osogbo Steel Rolling Mill, which, according to him, has become a glorified warehouse, and the abysmal performance of Generation Companies (GenCos) and Distribution Companies (DisCos), over eight years after privatisation.

He alleged that of the 17 out of 18 companies sold in the power sector, none is yet to break even.

He said while the Federal Government has pumped about N2 trillion as subvention to the privately-owned companies, power generation had nosedived from 4000MW to 2000MW in nine years.

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