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Power Sector Corruption Practices - Business - Nairaland

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Power Sector Corruption Practices by Collins2028(m): 1:57pm On Aug 26, 2020
All the money we have spent on the power sector, it is a very shameful thing that a country as big as Nigeria cannot boast of a stable 5000 megawatt of power, while serious countries are talking about 100s of thousands megawatt to million megawatts. Today's news has it that we are set to spend another $6,150,000,000 on the power that we may never have. Where exactly do all these funds go to that we are yet to see any meaningful result? It is a shameful thing that with an estimated 200 million people, a nation that hypothetically parades itself as a giant of Africa can not boast of 100,000 megawatts of power (100 Gigawatts) in 2020 and 21st century. Please our leaders, are you people just being foolishly wicked or cluelessly confused? At what time, will Nigerian administrators, in all honesty, declare a state of emergency in our power sector and do right by the people? Though we cannot say we have recorded an overly impressive breakthrough in telecommunication, at least we can say we have passed a required average. Can we at least record same commendable achievement in our power sector? The money we budget for power every year for the past 20 years, which in turn gets looted is enough to give Nigeria not less than 500,000 megawatts of power by now, if our leaders were, to be honest, and accountable enough to us. Do you just budget this money and share it among yourselves, or what? Why must we invest trillions of naira every year towards solving a problem, yet the problem refuses to go away? Please be truthful to us, what are you doing with our money?

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