Constant Electricity in Nigeria, a Mirage for Now

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7e09cfcf muhammadu buhari Constant Electricity in Nigeria, a Mirage for Now
Muhammadu Buhari

Christopher Ikadeh

It is worrisome that in 2019, Nigeria, a country of about two hundred million people, generates a measly 3000 MW despite enormous resources that have been committed to the power sector. What makes it more hideously abominable is the downward trend in the generating capacity despite increased government spending over the last forty years.

Nigeria’s energy capacity is inadequate. As a result, cost of business is cosmically high. Unplanned downtime costs businesses significant losses that affect their bottom line. Added to that is the overhead cost of diesel to run generators. While impact of electricity shortage on big businesses might be quantified monetarily, it’s effect on small and medium scale business is that of survival. The overall effect of low energy production impacts standard of living, a parameter for estimating Human Development Index (HDI). Little wonders why Nigeria right now positions 159 out of 189…



Source: Thisday Newspaper