• About Us
Wednesday, August 17, 2022
  • Login
The Daily Reality
  • Home
  • News
  • Opinion
  • Politics
  • Entertainment
    • All
    • Sports
    Marrying money and today’s marriage industry (I)

    Marrying money and today’s marriage industry (I)

    Multi-talented Nigerian director, Biyi Bandele, is dead

    Multi-talented Nigerian director, Biyi Bandele, is dead

    Kannywood directors bemoan IGP’s order on police kits in films

    Kannywood directors bemoan IGP’s order on police kits in films

    Mo Farah says he carries fake identity

    Mo Farah says he carries fake identity

    Sound Sultan: Family releases posthumous album

    Sound Sultan: Family releases posthumous album

    Kogi Governor, Yahaya Bello, joins Buga dance challenge

    Kogi Governor, Yahaya Bello, joins Buga dance challenge

    Poetifying the North: Six years of Poetic Wednesdays poetry revival

    Poetifying the North: Six years of Poetic Wednesdays poetry revival

    Monstrous Madrid face Liverpool in UCL final after eliminating Man City

    Monstrous Madrid face Liverpool in UCL final after eliminating Man City

    Transition of Tashe

    Transition of Tashe

  • Local
  • Education
  • International
  • Kannywood
  • Entertainment
  • Religion
No Result
View All Result
  • Home
  • News
  • Opinion
  • Politics
  • Entertainment
    • All
    • Sports
    Marrying money and today’s marriage industry (I)

    Marrying money and today’s marriage industry (I)

    Multi-talented Nigerian director, Biyi Bandele, is dead

    Multi-talented Nigerian director, Biyi Bandele, is dead

    Kannywood directors bemoan IGP’s order on police kits in films

    Kannywood directors bemoan IGP’s order on police kits in films

    Mo Farah says he carries fake identity

    Mo Farah says he carries fake identity

    Sound Sultan: Family releases posthumous album

    Sound Sultan: Family releases posthumous album

    Kogi Governor, Yahaya Bello, joins Buga dance challenge

    Kogi Governor, Yahaya Bello, joins Buga dance challenge

    Poetifying the North: Six years of Poetic Wednesdays poetry revival

    Poetifying the North: Six years of Poetic Wednesdays poetry revival

    Monstrous Madrid face Liverpool in UCL final after eliminating Man City

    Monstrous Madrid face Liverpool in UCL final after eliminating Man City

    Transition of Tashe

    Transition of Tashe

  • Local
  • Education
  • International
  • Kannywood
  • Entertainment
  • Religion
No Result
View All Result
The Daily Reality
No Result
View All Result
Home Opinion

Electricity: Nigeria still in darkness in the 21st century

Admin by Admin
4 November 2021
in Opinion
0
Electricity: Nigeria still in darkness in the 21st century
0
SHARES
57
VIEWS
Share on FacebookShare on Twitter

As FG is set to reverse the sale of DISCOs and GENCOs, it shows the highest form of corruption and mismanagement that continue to pester in their management. Go to their offices and see mismanagement and corruption personified, poor customer services and daylight bribery, before a meter is issued to a customer and so on.

There are 11 electricity distribution companies in Nigeria. Majority of them violated the agreement they entered with FG. There are over 20 electricity generating companies in Nigeria today but the top six GenCos providing the country with electricity are Egbin Power Limited, Transcorp Power, Shiroro, Kainji/Jebba, Sapele and Geregu. They have also failed to inject money into power generation and are begging government for funds.

Don’t get me wrong. I am not against privatisation of NEPA, but I am certainly not happy with the hurried way the government sold the utility corporation without putting it in good shape so that the private hands that will buy it will have a smooth and easy take up.

I was against selling the power corporation to former leaders, cronies and incompetent men by the Jonathan administration.

The past government didn’t rehabilitate the power plants before selling them. All money set aside were stolen by officials. The government refused to listen. We said they should take a cue from global trend. Almost all countries around the world began their power reforms from different starting points with a long history of handing over relatively well managed power corporations.

In contrast, Nigeria is privatising inherited pieces of the old NEPA systems, a derelict corporation where power generation was allowed to dip below 3500mw .

Nigeria will be the only nation in the world that sold its utility corporation at such an abysmal low power generation level, 3500MW to be precise.

Privatization of the Power and Natural Gas Industries around the world has a starting point which include: industry structure, wholesale market, labour and management relations, regulatory framework, privatization objectives and privatization methods.

Nigeria was so much in a hurry to sell out the entire system without taking a holistic appraisal of the likely consequences of the exercise to the nation.

And this explains why the country will remain in darkness for a very long time!

Aliyu Nuhu write from Abuja, Nigeria.

Tags: DiscosElectricityKEDCO
Previous Post

New campaign wants you to raise funds for abuse victims by ditching the razor

Next Post

BREAKING: Jigawa Gov’t relieves 25 secretaries

Next Post
BREAKING: Jigawa Gov’t relieves 25 secretaries

BREAKING: Jigawa Gov't relieves 25 secretaries

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Tribute to Danmasanin Funtua

Tribute to Danmasanin Funtua

5 months ago
Terrorist bandits bomb Abuja–Kaduna train conveying over 900 people

Terrorist bandits bomb Abuja–Kaduna train conveying over 900 people

5 months ago

Popular News

    Connect with us

    Facebook Twitter
    The Daily Reality

    The Daily Reality

    The Daily Reality is an online news medium with a physical address in Kano State, Nigeria. As our name suggests, we aim to be realistic and truthful to our readers. Moreover, we are an independent, non-partisan company. Thus, we will always do our best to be fair, factual and accurate in our journalism.

    Follow us on social media

    Category

    • Business (23)
    • Education (183)
    • Engausa (6)
    • Entertainment (23)
    • Health (36)
    • International (102)
    • Kannywood (22)
    • Lifestyle (30)
    • Literature (25)
    • Local (194)
    • National (185)
    • News (797)
    • Opinion (728)
    • Politics (179)
    • Religion (109)
    • Science (12)
    • Sports (18)
    • Technology (36)
    • Travel (4)
    • Uncategorized (3)
    Nigeria Jubilee Fellows Programme: Advice to three applicant categories

    The English teacher who failed kinds of nouns

    17 August 2022
    The imperatives of Nigeria’s war against poverty (I)

    The imperatives of Nigeria’s war against poverty (I)

    17 August 2022
    As an affected student, I have solutions to ASUU’s strikes

    ASUU strike continues as meeting with FG ends in deadlock

    16 August 2022

    © 2022 The Daily Reality - Powered by EasyLife Creative Studio.

    No Result
    View All Result
    • Home
    • News
    • Opinion
    • Politics
    • Business
    • National
    • Entertainment
    • International
      • Kannywood

    © 2022 The Daily Reality - Powered by EasyLife Creative Studio.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In