Tinubu, Nigeria needs stable electricity supply
It is very disheartening that in 2024, the provision of a stable electricity supply remains a political campaign rhetoric. Nigeria is a laughing stock of the global community as a country whose citizens rely on different sizes and shapes of private electricity generators to power their homes and businesses. Billions of dollars of investments in the power sector have only yielded a mere 4,500 megawatts of public electricity supply. All the various reforms including privatisation of electricity generation and distribution haven’t impacted positively on the electricity supply chain. Even the payment of subsidies to power distribution companies has not made electricity readily available to consumers. Nigeria at present has 27 electricity generating companies popularly called GenCos and 11 power distribution companies better known as DisCos and they include Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos, Kaduna, Kano, Port Harcourt and Yola DisCos. The Minister of Power, Chief Adebayo...