Govs Reject FG’s Plan To Privatise Power Plants

Nigerian Governors Forum, NGF opposed the Federal Government’s proposal to privatise National Integrated Power Plants, NIPPs.

On his part, the outgoing NGF Chairman and Ekiti State Governor, Kayode Fayemi, who addressed reporters in Abuja after the forum’s meeting, said the proposal was opposed because all stakeholders were not carried along in the scheme of things.

He said NGF examined the issues relating to the proposed privatisation of the power project and they took a decision that at this point in time, NGF is opposed to the sale of any of the plants until appropriate steps have been taken that would take into consideration the interest of states that are also equity holders in those plants.

Fayemi stressed that the Forum will continue to do whatever it can to ensure the resources of Nigeria stay with the Nigerian people and are not filtered away in a manner that cannot be explained.

Earlier, President Muhammadu Buhari, represented by his deputy, Yemi Osinbajo, commissioned a muliti-billion naira NGF complex at Maitama, Abuja.