• Advert Rate
Thursday, May 8, 2025
  • Login
TVC News
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy
No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy
No Result
View All Result
TVC News
No Result
View All Result

Senate : Power privatisation failed Nigerians

November 10, 2016
in Business News
Power Firms seek FG’s intervention on Tariff
Share on FacebookShare on Twitter

power-plant-ugheliMembers of the Senate Committee on Privatisation say there has been no significant improvement in the power sector performance three years after privatisation.

This was the conclusion as the committee led by its chairman Ben Murray Bruce toured distribution companies and power stations in Lagos.

When the government handed the power sector over to private investors in November, of 2013 it was to meet the yearnings of millions of Nigerians who had truly believed that the sector would be better managed without government interference.

But three years on, the consensus is that the sector remains bogged down by the same level of non-performance that has held it down for decades.

For the investors, the challenges remain the same and trying to fix them has become even more daunting. According to them, the senate needs to assist them break the cycle of non-performance.

As Nigerians expect some level of positive activity to justify the fate in the private sector, one thing is sure: the era of finger-pointing has effectively ended.

Next Post
Oil marketers task NNPC on seamless distribution

Oil marketers task NNPC on seamless distribution

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

YouTube player
Get Breaking News Alerts on WhatsApp! Subscribe now and never miss an update
ADVERTISEMENT

Headlines

  • Live-Stream
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Entertainment

Shows

  • Issue With Jide
  • Journalist Hangout
  • This Morning
  • TVC Breakfast
  • Today in the news
  • Documentaries

Live TV

  • Windows & Mac
  • iPhone & iPad
  • Android & IOS

App Download

  • Download Android App
  • Download for iOS
  • HOME
  • ADVERT RATE
  • Contact

© 2022 TVC Communications - Owner of TVC News

No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy

© 2022 TVC Communications - Owner of TVC News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In