Abuja,
Nigeria – Today (Monday) 30th of September, the Federal Government
of Nigeria officially hands over share certificates and licenses to private
investors.
The
handing over ceremony was held at the Banquet Hall of the Presidential Villa
Abuja where the private investors and the successor of Power Holding Company of
Nigeria, PHCN were present. Present at the occasion are the President of
Nigeria, Goodluck Ebele Jonathan, the chairman of National Council on Privatization,
Namadi Sambo (Vice President of Nigeria), the Private Investors among others.
The
President assures of better days for all the electricity users. He promised tremendous
improvement in the power supply just as it was witness in telecommunication and
banking sector.
President Goodluck said, “To the Nigerian people who have
demonstrated such great patience and confidence, putting up often with
darkness, noisy power-generating sets, the related pollution and daily
disruptions in their lives, I say better days are coming.
Although, he didn’t promise
immediate turn around but affirm that the result will be success in power
sector.
He said further, “We do not expect the sector to be revitalized
overnight, but we can all look forward to a better time very soon as we have
seen in the telecommunication and banking sectors. I am confident that the
power sector will promise no less, knowing the caliber of those who are taking
over.”
The
president described the decision of privatization, as the a journey that will
usher Nigerians to a”destination of
enduring gain and fulfillment”
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