On the 12th of June, democracy day, Nigeria’s electricity grid collapsed again.
One of the things you can count on about Nigeria is that the grid will surely collapse. And collectively, Nigerians are tired of it.
Key takeaways:
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This year alone, the national grid has collapsed more than five times, and the most recent collapse happened on democracy day. Our shaky power situation is a significant hindrance to our development.
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Technical issues affect the grid's stability, but the power sector's commercial problems are arguably more significant. From gas supply shortages to metering and payment problems, the commercial issues are a significant roadblock to solving the technical issues.
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Even though cost-reflective and service-based tariffs are yet to fix the commercial problems, the key to reliable electricity in Nigeria lies in resolving our commercial dilemmas.
The power sector has been through a series of reforms—from Nigeria Electricity Power Authority (NEPA) to the