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Saraki says clueless investors bought over Nigeria’s power sector

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Senate President Bukola Saraki on Tuesday criticized how the power sector was privatized, saying it was sold to individuals who had no idea about how to run it, .
He said the mistakes of past governments “born out of ignorance, selfish interests and fraud”, brought Nigeria to this point. Saraki said this at a workshop on the power sector organized by the national assembly in Abuja. He lamented that the sector, in spite of the enormous resources committed to it for the last 14 years, had remained in a perilous state.
“This is the opportunity for both the legislature and executive to come together to forge a solution to this perennial problem. We cannot afford to waste the opportunity we have now” he said. Emphasizing that the problems in the sector were the country’s own making, the senate president said sacrifice must be made to overcome the challenges.

 

 

 

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