How Jonathan reduced electrify tariff to get votes in 2015 – Fashola | Nigeria News Today. Your online Nigerian Newspaper

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Minister of Power, Works and Housing, Babatunde Fashola has claimed that the immediate past President, Goodluck Jonathan reversed electricity tariff to get votes from Nigerians during the 2015 Presidential elections.


Speaking at a public lecture organised by the department of Economics, University of Lagos, on Thursday, the former governor of the state insisted that the privatization of the power sector was deceptive.

Fashola maintained that the reduction of electricity tariff by the past administration created “massive debt” for Nigeria as it did not conform to the realities of the country’s economy.

He said, “While I fully support privatisation, I believe what took place in 2013 in the heat of politics was a privatisation that was well intentioned since 2005 but delivered with some deception in 2013 with the expectation of political profit.

“It led many uninformed Nigerians to believe that once the privatisation was concluded, the assets sold to the distribution companies (DisCos) and the Generation companies (GenCos) there was immediately going to be power. I cautioned then that people’s expectations were being unduly raised without telling them that there was a lot of work to do.

“Government must also not interfere with the power of the regulator when it fixes tariff in the way the last administration ordered a reversal of tariff in order to win electoral votes in 2014.

“It created a massive debt for Nigeria, because while the government ordered a reversal of tariff, it did not reduce exchange rate, interest rate, cost of wages or cost of gas and other inputs necessary to produce power. Why should Nigeria carry a debt created by an individual’s electoral ambition? This is what the Buhari administration has to contend with.”

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  1. Fashola leave talk talk and give Nigeria light, Dis apc Una talk don too much, fashola u wan turn to Lai Mohammed abi

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  2. We all known all these Oga Fashola, if u were Jonathan u might also do the same or worst, we know what u did in Lagos state while going for your 2nd term. Please leave all these excuses and do your job and if you can't please take the honor of walking away for another person. We have millions of people who are competent and need ministerial appointment.

    ReplyDelete
  3. NIGERIANS WILL NEVER FORGET THESE QUOTES:

    "A serious government will fix power problem in six months."
    - Babatunde Raji Fashola (November 12, 2014)

    "Stone us [APC] if we do not perform after two years." - Tony Momoh ( April 3, 2016, The Guardian)

    "The only way to have stable electricity is to vote out PDP."
    - Babatunde Raji Fashola (July 12, 2014, The Nation)

    "We seriously frown at President Goodluck Jonathan, over the unceremonious removal of the Group Managing Director of NNPC, Mr Andrew Yakubu."
    (APC, August 4, 2014, Channels TV)

    "It's Time To Restructure Nigeria: The present situation of things where all component units get monthly allocation from the Federal Government only makes the states lazy and unproductive."
    - Nasiru El-Rufai (August 2010)

    "Jonathan should resign if he has no solution to the violence being unleashed on some parts of the country."
    - Nasiru El-Rufai (August 2012)

    "The only solution to the present political uncertainty in the country is for the National Assembly to set machineries in motion for the impeachment of ailing President Umaru Musa Yar'Adua."
    - Muhammadu Buhari (March 10, 2010, Sun Newspapers)

    "Waste: Let me give an instance, presently, there are more than 6 aircraft in the presidential fleet. What do you call that? "Billions of naira is budgeted every year for the maintenance of these aircraft not to talk of operational cost and other expenses."
    - Muhammadu Buhari (February 2015, Nigerians in UK)

    "We intend for instance, to bring back our National
    carrier, the Nigerian Airways.We shall do this by bringing all the aircraft in the presidential fleet into the Nigerian airway and within a year increase the fleet into about 20."
    - Muhammadu Buhari (February 2015, Nigerians in UK)

    "Why do I need to embark on a foreign trip as a president with a huge crowd with public funds?"Why do I need to go for foreign medical trip if we cannot make our hospital functional?"
    - Muhammadu Buhari (February 2015, Nigerians in UK)

    "Why is the nation?s currency, the Naira, now trading for N180 per Dollar, while the South African Rand is trading at R11 to one United States Dollar?"
    - Babatunde Raji Fashola (Dec 26, 2014, The Nation)

    "Give Nigerians a daily update on the health of President Umaru Yar?Adua to stem the growing rumours surrounding his state of health."
    - Lai Mohammed (December 21, 2009, The Nation)

    "Amaechi is not only clean but a tool to free Nigeria from the corruption imposed on us by those who hate our nation."
    - APC (October 24, 2016, Vanguard)

    "The recent proscription of Boko Haram and Ansaru violates the Constitution."
    - Lai Mohammed (June 10, 2013, The Nation)

    "I have decided, as his wife, that if things continue like this up to 2019, I will not go out and campaign again and ask any woman to vote like I did before. I will never do it again."
    - Aisha Buhari (October 14, 2016, BBC)

    "People are now appointed to top posts because of the influence a "few people" wield. Some people are sitting down in their homes folding their arms only for them to be called to come and head an agency or a ministerial position."
    - Aisha Buhari (October 14, 2016, BBC)

    "I don't know which party my wife belongs to, but she belongs to my kitchen and my living room and the other room."
    - Muhammadu Buhari (October 14, 2016, BBC/Punch)

    "Buhari is giving cabals billions through forex subsidy."
    - Emir Sanusi of Kano (August 26, 2016, Daily Trust)

    "I can sit in my garden, make billions through forex without sweat."
    ? Emir Sanusi of Kano (August 25,

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    Replies
    1. Good job with reminding us of these comments

      Delete
  4. Fashola, you did much worse things in Lagos State. How much you spent on your personal website, you remember? How much did you on Buhari's campaign? You schmuck! Stop giving excuses. If you can't do the job get out. Idiot.

    ReplyDelete

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