Monday, 21 January 2013

Kano to sue FG over sale of power firm

Governor Rabiu Musa Kwankwaso of Kano state said his administration was ready to seek redress in a court of law if the Bureau of Public Enterprises (BPE) did not rescind its decision to sell out the Kano Electricity Distribution Company (DISCO) to “incompetent investors.”
Speaking in a chat with reporters, Kwankwaso said BPE had shortchanged the state government in the process of disposing the company even though the government had invested heavily in distribution of electricity over the years.
“If we do not get any redress we are ready to go to any extent to ensure justice is done. We are ready to go to court or anywhere,” he said.
“We support power reform in principle, but the way and manner the sale of Kano DISCO was been done is not supported by this administration. We believe that we are not properly consulted and the person who bought the DISCO is not competent and cannot do it and electricity is very important to all of us.”
Kwankwaso explained that his administration had written to the concerned authorities to review the action but was yet to get any response.
“We wrote a letter to BPE petitioning over the sale of these assets because we invested so much in electricity distribution in Kano.
“During our first term we electrified over 600 towns and villages. When we came back, over 30 local governments had no electricity because of vandalism. Now we have spent billions of naira to do that so for you to now sell those assets without properly consulting us, it amounts to shaving our heads in our absence. That is not acceptable.”

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