WHENEVER the opportunity has arisen over the last two years, the Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN), has not shied away from assuring the Nigerian public of the current administration’s commitment to provide uninterrupted power supply. The most recent occasion for the honorable minister’s avowal was in March this year when the Transmission Company of Nigeria (TCN) announced the World Bank’s approval of $486 million to support its expansion programme. The pith of the Japanese agency’s report is that, for the next 10 years at least, Nigerians can continue to count on the current regime of epileptic power supply. The report’s 10-year forecast couldn’t be gloomier: “Nigeria will continue to suffer from a severe deficit in electrical energy from the main supply grid in the next 10 years. While successive administrations (both military and civilian) have made outlandish promises about putting the energy sector on an even keel, such promises have been undone by egregious corruption in the sector.

Source: Nigerian Tribune May 30, 2018 00:00 UTC