PHCN - Please Hold Candle Nearby

Quote: "Brazil built a power plant of 120,000 MW in 3yrs with a loan which they also paid bck in 3yrs! South Africa gave a contract for a 5,000 MW power plant at a cost of just $3b!! PDP spent $17b in 11yrs & generated less than 2,000 MW!!!~ Alaka Akin

The Ado-Ekiti Business District of Power Holding Company of Nigeria (PHCN) said it has generated the sum of N133.9million as revenue between December 2010 and January 2011 in the state.

The Business Manager of the district, Engineer Patrick Okhiria made the disclosure in Ado-Ekiti at a special prayer session and award of excellence to members of staff of the company organized by the Ado-Ekiti chapter of the National Union of Electricity Employees (NUEE).

If one state can generate such amount in one month,how much would the entire PHCN company in Nigeria generate in a year? Why have all those monies not been used in rebuilding the sector. The Government just ran our economy to the ground and squandered all our funds. We need a change in Nigeria,don't forget to vote for it.
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