Le Monde Diplomatique - The latest study from the Transnational Institute (TNI) on the effects of the ‘privatising industry’ in Europe concludes that ‘there is no evidence that the privatised companies are more efficient’. Instead, privatisation has undermined wage structures, made working conditions worse and increased income inequality.
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.
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.