The Association of Nigerian Electricity Distributors (ANED) has rejected the call for the reversal of  power sector privatisation.

Billionaire businessman, Aliko Dangote, had made the call while speaking at the Senior Executive Course 38 of the National Institute of Policy and Strategic Studies (NIPSS), Kuru, near Jos, Plateau State.

Dangote said some of the people who bought power assets do not have an understanding of what they bought.

He advised the government to negotiate with them and find solutions to the problems confronting the sector.

“We should be as open as we can if government doesn’t intervene by taking back these assets and giving them to people who really have money that they can really inject, we will not be able to deliver on power,” he had said.

But the distribution companies (DisCos)  said they have been doing their best, and that there can be no “overnight” solution to a sector that had been mismanaged for over 63 years.

“Anyone who has followed the privatisation of the Nigerian Electricity Supply Industry (NESI) would recognise that the sector has been bedevilled by a number of challenges that would make the most hardened risk-seeking investor to run in the opposite direction,” ANED said.

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DisCos reject call for reversal of privatisation