Insufficient power supply is perhaps the least understood yet the most widespread developmental challenge in Nigeria, affecting consumers across locations, sectors and socio-economic strata. It is widely believed that insufficient power supply in Nigeria is due to low generation capacity. The current Minister for Power, Works, and Housing, Babatunde Fashola, has announced that the government’s strategy for transforming the power sector is to attain ‘incremental, steady, and uninterrupted’ power supply. Attaining steady power entails increasing generation capacity on the grid while promoting captive and off-grid power generation. If Nigeria is to diversify and industrialize, its needs to fix its power sector because reliable power supply is vital to growing the share of manufacturing and service-based sectors.
Source: The North Africa Journal March 27, 2017 10:07 UTC