Dangote attacked over his call for power privatisation reversal

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The Association of Nigerian Electricity Distributors, ANED, an umbrella body of the Discos, has launched a blistering attack on Aliko Dangote, saying he “is a beneficiary of multiple privatisation efforts.”

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Dangote had called on the federal government to reverse the privatised power sector alleging the buyers of incompetence.

Speaking on Dangote’s call for the reversal of the privatised power sector at a press conference on Tuesday in Lagos, The Executive Director, ANED, Mr. Sunday Oduntan, said, “In fairness, we note that Alhaji Dangote’s company did put in a bid during the privatisation, but his bid was delivered late, after the bid deadline, and was rejected.

“Alhaji Aliko Dangote is an astute businessman, a beneficiary of multiple privatisation efforts, Onigbolu Cement Company, Ukpilla Cement Company, Savannah Sugar, Port Terminal Apapa, Benue Cement Company, etc. and various other government largess, we are therefore astonished by his recommendation that the privatisation be reversed… As a matter of fact, we believe that the FGN’s application of some of the favourable terms that Alhaji Dangote and his companies have, historically, befitted from – import and tax waivers, favourable terms of access to foreign exchange, FGN credit guarantees, etc., would go a long way towards addressing the challenges that NESI is currently facing.”

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