The Federal Government recently approved N592 billion to boost power transmission as part of efforts to achieve a target of 20,000 megawatts. This was made known by Vice President Namadi Sambo during a recent investment trip to Toronto, Canada. Unfortunately, this will not be the first time Nigerians would hear of such huge financial allocation to the power sector without any noticeable improvement in electricity supply. While there were expectations that the unbundling of the Power Holding Company of Nigeria (PHCN) along with its DISCOS (distribution companies) will translate into improved and increased power generation and efficient distribution in the country, darkness continues to reign even with higher tariffs...
0 comments:
Post a Comment