NUEE faults privatisation agenda of Atiku.

By Afolabi Oyekunle.

The National Union of Electricity Employees (NUEE) says the privatisation agenda of the the Presidential Candidate of the Peoples’ Democratic Party (PDP), Alhaji Abubakar Atiku, is to finish what is left of the remaining assets of the country.

In a press release signed by its General Secretary, Comrade Joe Ajaero, NUEE said
the three-point agenda, targeting Privatisation of Refineries, Rail Sector, the Transmission Company of Nigeria (TCN) and breaking monopoly of all other infrastructure is an agenda
to finish what is left of our common assets as a nation.

NUEE GENERAL SECRETARY COM. JOE AJAERO.

The union recalled that Alhaji Abubakar Atiku was the Chairman of the National Council on Privatization (NCP), a Government Committee entrusted with the responsibility of managing the privatization program initiated by the Olusegun Obasanjo administration to handle the disposal of Public Enterprises, and nothing concrete came out of the exercise.

It said some persons were alleged of literally buying almost every enterprise on offer through their cronies and fronts.

The union queried how many enterprises are functioning of the over 60 enterprises privatized when Alhaji Atiku became NCP Chairman , from the Osogbo Steel rolling mill which has become a glorified warehouse to the abysmal performances of the Privatized Generation Companies (GenCos) and Distribution Companies (DisCos) over eight (8) years after Privatization.

PDP PRESIDENTIAL CANDIDATE ALHAJI ABUBAKAR ATIKU.

"From Seventeen (17) out of the Eighteen (18) Companies sold in the Power Sector, none is yet to break even while the Federal Government has pumped in about 2trillion naira as subvention to these Privately owned Companies, power generation has nose dived from 4000 mega Watts to 2000 Mega Watts in 9 years."

NUEE said as an Organization, it had raised alarm over the years about the Security implication of handing over the entire (Security) Power Sector in the hands of private individuals.

"Who are the ‘faceless’ owners of these Private Companies and why are they shrouded in so much secrecy?, the union queried.?

It said since the privatization agenda commenced, many Nigerians have lost their jobs, many died as a result of non payment of their entitlements, many are sick and hungry with their children thrown out of school as the onslaught against Nigerian masses continue in the name of Privatization.

The Union challenges Alhaji Abubakar Atiku to a debate on National Television to prove how this retrogressive economic policy will impact positively on the masses.

It vowed that never again shall
Nigerians make room for what it called Private Gains, Public Disaster.

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