Breach of extant laws

tHE association of Nigerian Electricity Distributors (aNED) has knocked the federal government over alleged illegal expropriation of five distribution companies (Discos), saying the action was worsening the failure of the power sector. aNED added that with the federal government’s 40% share of Discos’ assets through the Bureau of Public Enterprise (BPE), it was complicit in the sector’s limited performance, warning that any attempt to resell the expropriated Discos would be nothing more than fantasy and an exercise in futility. In a statement issued yesterday by its Director of Research and advocacy, sunday oduntan, entitled, “Expropriation or Disregard for the Rule of Law is Not the answer to NEsI’s Challenges,” the Discos’ body noted regrettably that recent events happening in the sector had continued to undermine an already fragile and moribund Nigerian Electricity supply Industry (NEsI). — This Day