Privatisation in Nigeria’s utilities has been a cautionary tale. Since the 2013 electricity sector reforms, tariffs have skyrocketed, blackouts persist, and jobs have dwindled – leaving millions without affordable access. Similar patterns in water and waste sectors exacerbate inequality, particularly for low-income and rural communities. The summit’s discussions revealed how these policies, often backed by global lenders, undermine worker rights and public accountability.
The Big Bank Theory
