President Goodluck Jonathan has handed the share certificates and licenses to 14 new investors of the Power Holding Company of Nigeria, PHCN successor companies with an assurance that things are certain to get better in the energy sector. Jonathan described the process of the privatization programme as probably the most transparent in the annals of privatization in the country.
Meanwhile PHCN staff aren't happy about this improvement because their salaries are yet to be paid. They protested today in Government offices in Abuja and Lagos, and also warned the new investors to stay away from power installations for the present time until their demands are met. More pictures after the break.
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