HOW WOULD FED GOVT OWE HUGE DEBT TO PRIVATIZED PHCN - TopicsExpress



          

HOW WOULD FED GOVT OWE HUGE DEBT TO PRIVATIZED PHCN COMPANY? Qudos to GEJs Administration that in the last couple of days, power supply has indeed improved across Nigeria. However, is that enough for PDP Govt to deep hands into the treasury to pay another phantom debt again? If the Govt will still be responsible for the bills incured in that fraudulent process, then we need Nigerian definition of privatisation? Its like another subsidy scam is being groomed, right in broad daylight. Nigerians can still recall that the same 4,000 megawatt which OBJ admin gave about six years ago is what Minister of Power is still bragging about. Who is fooling who? Can somebody ask him where he met us and how many Megawatts have been added? Nigerians are still growling under the pains of monthly crazy bills (inflated bill estimates)! What about the fraudulent monthly service charge of N750 per meter, with or without light, which still goes to PHCN? Who then is owing PHCN and how come about huge debts again? We pray FG will not go for World Bank loan for this again. Only God can save this Country from the jaws of the Powerful Political Parasites. Sure Transformation Agenda of GEJ has produced some visible results but what we shd ask ourselves is: At what cost to Nigeria and Nigerians? While TAN Ambassadors are gallivanting all over Nigeria, the seedling of Corruption Monster has been nurtured to become a Mahogany tree in the land under GEJs Administration! No matter the legion of achievements GEJs Administration is bragging about, as long as he is not tackling Corruption monster headlong, Nigeria has not left Egypt. All his achievements may soon perish in no time like his Predecessors. God help Nigeria.
Posted on: Sun, 31 Aug 2014 17:28:14 +0000

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