The Indian Express - The municipal body’s financial losses from water works has reportedly increased by Rs 60 crore per annum, leading to demands, from both opposition parties and the local community, for the ouster of the private player.
Thruthout - Private companies have been working to make a profit from water since the 1600s, when the first water companies were established in England and Wales. The first wave of water privatization occurred in the 1800s, and by the mid- to late-19th century, privately owned water utilities were common in Europe, the United States and Latin America, and began to appear in Africa and Asia.
The Premium Times - The announcement sent a collective sigh of relief to the water corporation staff and civil society activists. After months of negotiation on how to privatize the water supply in Lagos, between the World Bank and the Lagos Water Corporation, the bank has called off the talks.
Lagos is among the many cities in the global south where investment in water supplies is desperately needed, yet there is no consensus on whether the answer lies with private management, the public sector, or a combination of both.
La remunicipalisation de l’eau est un phénomène global et en plein essor. Plus de 180 villes et collectivités de 35 pays ont repris au privé le contrôle de leurs services d'eau, relève un rapport publié jeudi.
Soaring water bills, a lack of transparency and under investment have persuaded governments worldwide to give back control of privatised water services to the public sector, according to a report released on Thursday.