Fashola well not revoke privatization license

It seems like you're referring to the controversy surrounding the privatization of power distribution companies in Nigeria, particularly the decision by the Minister of Works and Housing, Babatunde Fashola, not to revoke the privatization licenses of the companies.

For those who may not be aware, the privatization of the power sector in Nigeria was initiated in 2013, with the aim of increasing efficiency and reducing the financial burden on the government. However, the process has been marred by allegations of corruption, mismanagement, and poor service delivery.

Many Nigerians have been calling for the revocation of the privatization licenses, citing the poor performance of the companies and the negative impact on the country's power supply. Fashola, who was the Minister of Power, Works and Housing at the time, had initially indicated that the government might revoke the licenses, but later backtracked, stating that the government would not revoke the licenses without a thorough review of the contracts.

The decision not to revoke the licenses has been met with widespread criticism, with many arguing that it is a betrayal of the trust placed in the government to deliver on its promises to improve the power sector. Others have argued that the decision is a result of the influence of powerful interests and corruption.

It's worth noting that the controversy surrounding the privatization of the power sector in Nigeria is complex and multifaceted, involving issues of governance, corruption, and the need for effective regulation. While there are valid arguments on both sides, it's clear that the situation requires a thorough and transparent review of the contracts and a commitment to improving the power sector for the benefit of all Nigerians.