Some Nigerians have highlighted corruption as the major problem in Nigeria’s power sector.
The power sector is yet to leave up to its expectations even after so much money has been expended on the sector so that Nigerians can enjoy an uninterrupted power supply.
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Nigeria has spent a total of $12.38 billion in the last 46 years on electricity, while also spending N2 trillion between 1999 and 2019 to improve the power supply within the country, yet there has not been much to show for the money spent.
The power grid continues to fall uncontrollably and the citizens are constantly plunged into darkness. Nigeria’s electricity grid has suffered 222 partial and total system collapses from January 2010 to June 2022.
Speaking with iBrandtv news, a public analyst and social commentator Akin Malaolu said, what I observe in the power sector is that corruption has eaten deep into the system and has created an inability within that same system to tackle the challenges facing the sector.
Malaolu, further stated that he observed that there is a lack of political will on the side of the government to tackle the problems headlong and resolve them once and for all.
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According to him, we are still distributing power through old electric cables with the capacity to take small loads, then it means generations can’t be at par with distributions.
He rounded off by saying that there are a lot of reforms in that power sector that are yet to be implemented just because some people will not benefit from it, or because some government officials have embezzled public funds. Corruption has not allowed many reforms within the sector to see the light of the day.
Nigeria has continued and will continue to invest huge sums of money in the sector until corruption is tackled. While Nigeria is still battling unresolved issues in power generation Egypt and Tunisia have moved onto renewable power generation and are already enjoying uninterrupted power supply.
