B2507212-PHCN-HeadquartersThe new owners of the Power Holding Company, PHCN, Limited entities will assume ownership on October 2, the General Manager, Government and Consumer Affairs, Nigerian Electricity Regulatory Commission (NERC), Dr. Tony Akah, has said.

He spoke yesterday during the NERC Power Consumer Assembly of the Local Government Enlightenment Campaign in Sapele, Delta State.

He said: “On October 2, or thereabout, we are going to handover the certificates of ownership to all the distribution companies to these private people. When we do that, the PHCN will hands off.”

Akah said though challenges in the sector would not disappear overnight upon the emergence of the private owners, there would be improvement in service delivery.

During the question and answer session, a youth, Mr Onasanya Atumu, lamented that PHCN officials collect N2,000 from every compound monthly without supplying power.

He threatened that PHCN and its personnel would be set ablaze should the commission fail to stop them.

His words: “I am for Agazali Communications, a private announcement outfit for the community. As a matter of fact, the light in this community is not properly arranged. For example, in some areas we don’t have light. But I make announcement for PHCN that people should pay their bills. I receive a hell of insults. They even insult my family.”


Information from The Nation was used in this report.