• 26 Power Plants Dormant, DisCos, TCN Invested N439b Instead Of N1.3t
• Seven Million Customers Billed Arbitrarily Without Meters
• 10-year Privatisation Review May Sink Non-performing DisCos, Investors
• No Gas To Power Plants Despite 209 Trillion Cubic Feet Reserves
With the masses and business owners scampering to share a meagre 3,500 megawatts load offtake in the Nigerian Electricity Supply Industry (NESI), President Bola Ahmed Tinubu may be starting on a very sluggish note in the power sector, despite the push by some stakeholders for a state of emergency.
With a politician as a minister in a sector that appears to have defied efforts of the best brains, and linked to a spiritual battle by one of the known star boys in the previous administration, Babatunde Fashola, there are indications that the nation’s electricity sector would be business as usual, if not worse under the Tinubu government.
Nigeria’s power sector, described by…
Source: Guardian Newspaper
