Northern Coalition Rejects Planned Privatisation of NDPHC

The Coalition of Northern Groups (CNG) has kicked against the privatisation of the Niger Delta Power Holding Company (NDPHC), describing it as part of the several schemes to cripple the North economically by shortchanging it in the process.

The spokesperson of the group, Mr. Abdul-Azeez Suleiman, stated this yesterday while addressing a press conference in Abuja, saying the planned privatisation of Calabar, Ihovbor, Olorunsogo and Geregu Power Plants by NDPHC would be resisted by the North.

He said having studied the proposal carefully, “CNG has concluded that it was the most dubious, unreasonable and unacceptable act of injustice that is being perpetrated against Nigerians collectively and northerners in particular.”

It noted that the assets under consideration do not belong exclusively to the federal government but the three tiers of government.

The coalition stressed that the current privatisation plot, therefore, reneges on the initial understanding that after certain years of piloting the projects in Southern Nigeria, the assets were to be sold and the proceeds reinvested in setting up hydro generation assets in some parts of the northern states for similar length of time.