Julia Blaise Blog (JBB) gathered that there is a massive protest going-on now at Lagos state Secretariat, as President Goodluck Jonathan hands over the share certificates and licenses to 14 new core owners of the Power Holding Company of Nigeria (PHCN) successor companies with an assurance that things can only get better in the power sector.

Sources say the PHCN staff are protesting over unpaid wages.

Meanwhile, Jonathan  described the process of the privatisation programme as the most transparent in the history of privatisation in the country and that government is working out modalities to tackle the challenges such as the payment of severance allowances to the PHCN staff.


The President revealed that the payment of emoluments to the PHCN staff have almost been completed but called on labour to shun demonstration as the decision taken is for the greater good of all Nigerians.