Lagos — The ongoing privatization of the Power Holding Company of Nigeria (PHCN) will not give every household in Nigeria adequate and affordable electricity supply, the Joint Action Front (JAF) has said.

The group said the exercise will only transfer the people's assets into the hands of the same interests that sabotaged the PHCN. It implored Nigerians to rise to resist the privatization programme.

JAF disclosed this in a communiqué issued at the end its national symposium.

Dr. Dipo Fashina and Comrade Abiodun Aremu, JAF's Chairman and General Secretary respectively, who signed the communiqué, also threw their weight behind the rights of Okada workers to their livelihood and to live under just laws.

"The Lagos State Government has no right whatsoever to burn the okada bikes it wrongfully and unconstitutionally confiscated. It must pay compensation to the owners of the burnt bikes," the group said.