The reason given for the purported increment in Electricity tariff is lame, that it is intended to attract investors, is tantamount to putting the cart before the horse. Whatever happened to addressing the needs of the sovereign consumers? The diplomatic thing to do to gain public acceptance and have your way at the same time, requiring only a bit of sacrifice and time of maturity, before imposing new tariffs, is to increase generation output from the miserable 4, 000 or so megawatts to something more respectable and befitting for a Nation as populated, and economy as big, as ours. South Africa, I hear, generates 47, 000 megawatts of electricity, if that is not the case, from personal experience, Ghana, another brotherly country which relies on our gas for its power generation, celebrates uninterrupted supply for days and weeks, remarkably some Ghanaians even sarcastically lamented that inadequacy of our supply of gas is chiefly responsible for the occasional blackouts. In labouring the obvious, prior to the sale of PHCN in pieces and parts, the Oracle(s) that gulped $16bn and more from the days of NEPA, should have been unveiled, prosecuted and imprisoned, not for creating idle capacity on a large-scale thereby pulling the Nation backwards, but for casting a shadow on the efforts of successive Governments. The rot can only be imagined. Buhari, in one of his recent interviews, made a profound statement when he said that his idea of tackling corruption is probing institutions that have been compromised and not necessarily isolating corrupted individuals; to add, the list is no less far reaching. The component parts that made up NEPA\ PHCN, generation, transmission, distribution are now more or less in Private hands, regardless of who emerges President, the Oracle(s) and billion of dollars pumped into the structurally dysfunctional public utility may go down memory lane as an unsolved mystery. But.... theres God o.
Posted on: Sat, 03 Jan 2015 00:57:15 +0000
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