The Nigeria Governors’ Forum has rejected the sale of 10 power plants and headed to court to stop the move of privatization of the plants by the Federal Government.
The NGF disclosed that its lawyers have moved to prevent the regime of the President, Major General Muhammamadu Buhari from selling those power plants which are under the National Integrated Power Projects.
The Niger Delta Power Holding Company, which is owned by the federal, state, and local government councils, is a power generation and distribution company that oversees the implementation of the NIPPs.
The 36 state governors through their chairman, Governor Aminu Tambuwal of Sokoto State released a statement on Wednesday, November 23, 2022, after a teleconference meeting held on Tuesday to express their displeasure over the FG’s move.
The statement partly read, “The Forum, following its advocacy that the proposed privatization of 10 National Integrated Power Projects (NIPPs) by the Federal Government of Nigeria (FGN) should be stopped, instructed its lawyers to approach the Federal High Court which, at present has issued a court order restraining all the parties in the suit from taking any step or action that will make or render the outcome of the motion on notice seeking for interlocutory injunction nugatory.
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
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