The electricity catastrophe in the nation In May, 2010, when President Goodluck Jonathan assumed office, he promised that his priority would be to confront Nigeria’s age long electricity conundrum. On August 26 of the same year, the President came out with his elaborate power sector roadmap and assured Nigerians that noticeable improvements would be achieved in power supply across the nation. In 2013, about three years after he assumed office, power generation, according to Prof. Chinedu Nebo, the Minister of Power, dropped from 4,350MW to 2,628.4MW. As of today, power outages have become the norm rather than the exception in most parts of the country, and uninterrupted power supply has turned into a mere wishful thinking of most city dwellers across the country. Massive Drop In Power Generation In Nigeria Bear in mind that this situation is despite billions of naira that has been spent, and still being spent, by this administration in this sector, including the recently (September, 2014?) approved N213, 000,000,000.00 (two hundred and thirteen billion naira) facility as bailout for the power sector. You are compelled to ask: just where is the money going to? And this is just one of the many sectors that are receiving billions for resuscitation, but which have remained comatose.
Posted on: Sat, 01 Nov 2014 10:39:55 +0000