Constant Electricity in Nigeria is Very Risky Business

In this Tuesday, Aug. 24, 2010 photo, Esther Jacob sells cassava flour by lantern light in Lagos, Nigeria. Nigeria's president announced a multi-billion-dollar plan Thursday to repair and privatize the oil-rich nation's decrepit national power grid that forces people to rely on private generators to provide electricity. (AP Photo/Sunday Alamba)

There is a lot of chit-chat that one of the ”ministerless” wonders of the Buhari administration’s electricity supply to Nigerians across the nation have “improved”. The question is have the blackouts and brown outs stopped? Or has the kilowatt-hour per capita consumption measurably improved? This is an indictment of successive governments that have for decades underdeveloped the power sector then privatised it expecting magic. Electricity is now an “avoided cost” for the governemnt; is not willing to invest in the power sector, so it has been privatised. The cost of power project development many  Nigerians expect the government to shoulder is no longer the its problem but it continues to use electricity as a potent political tool. Continue reading

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