The Nigerian Governors Forum (NGF) has rejected the Federal Government’s plan to privatise National Integrated Power Plants (NIPPs).
Benin Generation Company Ltd, Calabar Generation Company Ltd, Geregu Generation Company Ltd, Olorunsogo Generation Company Ltd, and Omotosho Generation Company Ltd are the plants involved.
NGF Chairman and Ekiti State Governor, Kayode Fayemi, while speaking in Abuja on Thursday after the forum’s meeting, noted that the NGF rejected the privitisation plan of the government because all stakeholders were not carried along in the matter.
He said: “We examined the issues relating to the proposed privatisation of the power project and we took a decision that at this point in time, the 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.
“We’ll continue to do whatever we can to ensure the resources of Nigeria stay with the Nigerian people and are not filtered away in a manner we can’t explain,” he added.
Meanwhile, the NGF has advised the Federal Government against sanctioning the striking Academic Staff Union of Universities, ASUU.
According to the NGF, the government should rather resolve the contentious issues in the interest of the students and Nigeria.
Highlight of the NGF meeting saw President Muhammadu Buhari, represented by his deputy, Yemi Osinbajo, commission a multi-billion naira NGF complex at Maitama, Abuja.