Close Menu
    What's Hot

    Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says

    May 12, 2026

    More Hantavirus Cases May Emerge in Coming Weeks — WHO

    May 12, 2026

    Egypt Launches Transition to Electric Vehicles

    May 12, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, May 12
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News
    News

    Stakeholders Seek Reversal of Privatisation in the Electricity Sector

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiOctober 30, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Stakeholders Seek Reversal of Privatisation in the Electricity Sector
    Share
    Facebook Twitter Pinterest Email Copy Link

    Stakeholders Seek Reversal of Privatisation in the Electricity Sector

    Stakeholders comprising trade unions and Civil Society Organisations (CSOs) have called for the urgent reversal of privatisation in the electricity sector and all existing privatisations in the water and waste sectors.

    The stakeholders also called for the suspension of ongoing or planned discussions with the World Bank and other International Financial Institutions (IFIs) on the privatisation of public assets.

    Their call is contained in a communiqué issued at the end of the National Public Utilities Summit and made available to newsmen on Thursday in Abuja.

    The summit, themed `Promoting Transparency and Decent Work in Supply Chains in Electricity, Water, and Waste Services in Sub-Saharan Africa,` was organised by Public Services International (PSI) in collaboration with DGB Bildungswerk Bund (DGB BW).

    The event reviewed the impact of the PSI-DGB project on promoting decent work and addressing privatisation in the water, electricity and waste sectors.

    The communiqué was endorsed by the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees (AUPCTRE), the National Union of Electricity Employees (NUEE) and their CSO partners under the PSI-DGB project.

    The CSO partners include the Renevlyn Development Initiative (RDI), Citizens Free Services Forum (CFSF), Child Health Organisation, and the Union of Kenya Civil Servants (UKCS).

    The stakeholders urged the government to adopt Public-Public Partnerships (PUPs) as a sustainable, democratic and just alternative to privatisation which have shown proven success in delivering quality public services without profit motives.

    They called on the government to reinvest in human capital within the public sector by allocating sufficient resources for the training, motivation, and retention of workers to promote efficiency, innovation, and transparency.

    They also called for stronger social dialogue and collaboration among civil society, trade unions, and other key sectors to hold the government accountable.

    They further urged the PSI-DGB to support education projects for workers on the PUP model, which was still at its early stage in Nigeria.

    The stakeholders noted that privatisation had failed to serve the public interest, arguing that Nigeria’s electricity sector had neither increased power generation nor improved distribution.

    They added that instead, it had led to escalating tariffs and categorised consumers according to economic status. In the water sector, it had shut off consumers, and in the waste sector, discouraged unionism.

    According to the communiqué, public revenues have been plundered and funds that could have been invested in improving public services have been channelled into privatised entities that claimed they would invest in public utilities.

    “For instance, the Nigerian government and international funders have ploughed over N2 trillion in bail out funds for the 11 Power distributing companies without any single megawatt added to the 12,500 megawatts obtained in 2013, “ they noted.

    They linked increased corruption and conflicts of interest to privatisation, noting that opaque contracts that did not pass through due process had created room for private individuals and companies to fleece Nigeria while holding onto public utilities.

    They noted that workers in the water, electricity and waste services sectors face precarious work conditions marked by low wages, wage arrears, job insecurity, casualisation, and lack of social protection such as pensions and unemployment insurance.

    “These deliberate policies continue to undermine workers’ morale, workers’ dignity, service quality and community well-being.

    “ Advocates of public sector solutions are largely ignorant on the workings of the Public-Public Partnership Model of managing public utilities and there are few discussions going on about the model“, they said. #Stakeholders Seek Reversal of Privatisation in the Electricity Sector#

    We’ve Recovered Over 90 Mining Sites From Illegal Miners – Alake

    59 / 100 SEO Score
    Electricity sector
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website

    ogochi Ndubuisi is creative content manager with interest in marketing and advertisement. Ogochi supports MarketForces Africa's clients corporate communication units with content development and liaise with media unit for disseminable product information.

    Related Posts

    Foreign

    Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says

    May 12, 2026
    Foreign

    More Hantavirus Cases May Emerge in Coming Weeks — WHO

    May 12, 2026
    News

    Egypt Launches Transition to Electric Vehicles

    May 12, 2026
    News

    Africa Loses $89bn to Illicit Financial Flows Annually– Tax Experts

    May 12, 2026
    News

    Oil Tops $105 in Reaction to Ceasefire on Life Support Talk

    May 12, 2026
    News

    Dangote, Tier-1 Banks Lead Gains as NGX Tops N160trn

    May 12, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says

    May 12, 2026

    More Hantavirus Cases May Emerge in Coming Weeks — WHO

    May 12, 2026

    Egypt Launches Transition to Electric Vehicles

    May 12, 2026

    Africa Loses $89bn to Illicit Financial Flows Annually– Tax Experts

    May 12, 2026
    Latest Posts

    Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says

    May 12, 2026

    More Hantavirus Cases May Emerge in Coming Weeks — WHO

    May 12, 2026

    Egypt Launches Transition to Electric Vehicles

    May 12, 2026

    Africa Loses $89bn to Illicit Financial Flows Annually– Tax Experts

    May 12, 2026

    Oil Tops $105 in Reaction to Ceasefire on Life Support Talk

    May 12, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says

    May 12, 2026

    More Hantavirus Cases May Emerge in Coming Weeks — WHO

    May 12, 2026

    Egypt Launches Transition to Electric Vehicles

    May 12, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.