November 2013, the Federal Government privatized the power sector of the nation in its drive towards ensuring that power supply is steady but recent developments have shown that there is no hope for constant power supply in the country.
Fourteen months of privatization, several localities are still in total darkness as a result of poor transformers and cables activities of the new firms handling the distribution of power in the country have showed that they are only after their private motive of making profits in the power sector thereby neglecting their primary responsibilities of generating steady power supply in the country.
Hopes of Nigerians are being dashed as the regulatory authority is more concerned with distribution of bills and disconnection of power supply even before the end of the month. For a country to be industrialized, one of the key factors that enhance the establishment of industries among other medium scale businesses is stable power supply but that has not been achieved in Nigeria since it got independence in 1960.
Power generation, transmission and distribution are left in the hands of incompetent personnel that do not have passion for the profession.
Consumers are made to suffer with this ugly trend as they pay exorbitantly for power which they have not consumed.
During the former President Obasanjo era it was reported that fifteen additional power stations were to be constructed in the country but this projects landed in the hands of corrupt persons as they only constructed three out of fifteen while the left over funds could not be accounted for.
With the privatization of the sector by the President Jonathan administration one will think that the new power firms will engage in the replaement of cables among other appliances so as to guarantee steady power supply but the reverse is the case as they have not been able to make any significant improvement in the sector. Some of their personnel are much more interested in their personal pockets rather than conceptualise innovations that will engender improved power transmission and distribution across all states of the federation.
Fifty four years after independence, South Africa and Ghana are celebrating 24 hours power supply. Nigeria which is the giant of Africa cannot celebrate 10 hours of power supply.
According to one of the personnel of the electricity company it was reported that for us to have steady power supply in the country, we need a generation of 15,000 mega watts of power while we need to expand the transmission and distribution lines but we need to start from some where.
In Nigeria, we still have transformers that are older than forty to fifty years while the life span of some distribution cable have been over stretched.
Who will rescue Nigeria from epileptic power supply? This question is waiting for answer as the present company currently managing the sector are not ready in any capacity to address this challenge.

Nobody yet.....

buhari

we have to ask Obasanjo to return the $16 Billion naira he looted that was supposed to go into the power sector

chukwudi44:
we have to ask Obasanjo to return the $16 Billion naira he looted that was supposed to go into the power sector

Ok. And how much should we ask Jonathan to return? coz we haven't had it this bad (no light and no fuel to on our generators), not even under OBJ.

.

OduaVanguard:


Ok. And how much should we ask Jonathan to return? coz we haven't had it this bad (no light and no fuel to on our generators), not even under OBJ.

God bless you

The first step is making Obj return the $16bn power money he embezzled.

OduaVanguard:


Ok. And how much should we ask Jonathan to return? coz we haven't had it this bad (no light and no fuel to on our generators), not even under OBJ.

Olodo Obasanjo was the one indicted by the power probe report and not GEJ.iF Obasanjo had invested the $16Billion in the power sector like it was meant to be,power would not have been bad under the GEJ government

nwafuluozoh:
The first step is making Obj return the $16bn power money he embezzled.

Yes o, and after that we go after GEJ and his cronies. PDP must cough-out all that money.

OduaVanguard:


Yes o, and after that we go after GEJ and his cronies. PDP must cough-out all that money.

I agree! Obj was PDP too.

chukwudi44:

Olodo Obasanjo was the one indicted by the power probe report and not GEJ.iF Obasanjo had invested the $16Billion in the power sector like it was meant to be,power would not have been bad under the GEJ government

Story. Buhari will soon probe GEJ's phantom "power sector reform", I predict that report will equally indict Jonathan's administration of having embezzled billions too coz it seems PDP governments only steal in the billions.

OduaVanguard:


Story. Buhari will soon probe GEJ's phantom "power sector reform", I predict that report will equally indict Jonathan's administration of having embezzled billions too coz it seems PDP governments only steal on the billions.

until then.For now we will have to deal with OBJ who has already been probed and indicted