• Membership
  • Advert Rates
  • Careers
  • About Us
  • Contact Us
  • Digital Store
Friday, June 20, 2025
The Trumpet Newspaper Nigeria
No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
No Result
View All Result
The Trumpet Newspaper Nigeria
No Result
View All Result
ADVERTISEMENT
Home Business

Nigerians, businesses reach crisis point under constant collapse of national grid

Blessing Oziwo by Blessing Oziwo
January 24, 2025
in Business
Reading Time: 5 mins read
0
Nigerians
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedinShare on WhatsAppShare on Pinterest

Nigeria has some of the brightest minds in the world, with most of them either born and bred in the country or in the Diaspora doing well in most countries of the world. Surprisingly, over six decades after Nigeria’s independence, the country constantly remains under the spell of epileptic power supply and total darkness. Lamentably, with the several billions of dollars successive administrations had injected into the power sector, the nation still grapples with the worse power crisis ever, JOHNMARK UKOKO writes.

From the days of the Electricity Corporation of Nigeria (ECN) to the National Electricity Power Authority (NEPA), Power Holden Company of Nigeria ( PHCN) and the current unburdened power sector under the Transmission Company of Nigeria ( TCN), Generating Companies of Nigeria ( GenCos) and Distribution Companies of Nigeria ( DisCos), the story remains the same and has even become worse.

ADVERTISEMENT

Nigerians have had to grapple with epileptic power supply for several years, leading to the death of many Nigerians either during operation in hospitals as a result of power outage or in firms that rely on uninterrupted power supply only to be disappointed by public power cut and many local manufacturing firms that had to shut down their plants due to lack of electricity or had to relocate to the neighbouring countries where stable power supply is guaranteed.

In the current political dispensation, successive administrations have injected huge sums of money into the power sector, but Nigerians and the business sector wriggle under constant collapse of the national grid, thereby leaving Nigerians and the businesses without public power supply.

President Olusegun Obasanjo was reported to have spent $16 billion on the power sector, without commensurate impact to the extent that at the twilight of his administration, Chairman, House of Representatives Committee on Power, Hon. Ndudi Elumelu, who represents Aniocha Federal Constituency of Delta State, wondered where the $16 billion went.

Former President Goodluck Jonathan administration also spent several billions of dollars in the country’s comatose power sector and at the end of his administration, power generation stood at a mere 5,000 megawatts.

Brilliant minds like the late Bola Ige, Prof. Bartholomew Nnaji and other great Nigerians were appointed as ministers of power under President Obasanjo, the late former President Umaru Yar’Dua and Jonathan without much improvement in the sector.

When President Muhammadu Buhari’s administration assumed office, with his change mantra, he promised to fixed the country’s troubled power sector once and for all and to fulfill his pledge, Buhari appointed former governor of Lagos State, Babatunde Raji Fashola as Minister of Housing, Works and Power with a view to overcoming the country’s perennial power challenges.

Four years after, in the saddle, the story was the same, it was one national grid collapse after another news that Nigerians were told by Fashola, prompting President Buhari to replace Fashola with Saleh Mamman.

When the former Lagos State governor was removed from the power sector, many Nigerians hailed the move, based on the fact that Fashola is a lawyer and as such is novice in the power sector, which ordinarily should be the turf of electrical and mechanical engineers.

They described Mamman’s appointment as “a round peg in a round hole,” but two and half years after, President Buhari sacked Mamman over poor performance, as his tenure witnessed several collapses of the national grid like his other colleagues, who held sway before him.

Read Also: Lagos state seeks partnership with CIArb over ADR

Mamman was sacked in September 2021 and was replaced immediately by Abubakar Aliyu, who was before his redeployment, Minister of State for Works and Housing.

At his resumption of office, Aliyu promised to turn the fortunes of the power sector around saying: “Nigeria was in Slumber for over 30 years until President Buhari took over in 2015.”

He said due to the power sector reforms embarked upon by the Buhari administration, foreigners are now willing to invest in the sector.

Speaking earlier in the year at the Nigeria international partnership forum in Paris, France, he said the government was wooing foreigners to invest in the sector, just as he showcased all the policies and practical steps the government had taken to attract foreign investors into the sector.

But in spite of the promises, the country had witnessed collapse of the national grid four times this year alone and with each collapse, the entire country had been thrown into total darkness for days.

Most Nigerians have, therefore, insisted that Aliyu like Mamman, Fashola and all the Minister of Power beginning from the late Ige hadfailed to delivered on the promises they made to Nigerians.

Speaking to The Trumpet on why the country had been unable to fix its power sector challenges, Chief Executive Officer (CEO) of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, blamed the sector’s challenges on policies and political interference.

He said the power sector reforms had not adequately addressed the challenges and delivered the desired outcomes, while citizens expectations remain largely unmet, adding that the privatisation of the power sector had failed and that the constant collapse of the national grid had become an embarrassment to the country.

“The entire experience in the power sector has given privatisation a bad name. There are issues of due diligence, technical capacity, financial capacity, political interference, metering issues and other challenges,” he lamented.

Yusuf, who blamed the DisCos owners for arbitrary billing and their failure to provide Nigerians prepaid meters, insisted that they were responsible for payment defaults by many Nigerians, adding that electricity theft, technical losses and cost reflective tariff were some of the issues hampering the growth of the sector.

He also raised concerns about the capacity of the Nigerian Bulk Electricity Trading (NBET) Plc to effectively play its role of providing liquidity to support the country’s electricity supply chain.

Yusuf raised the issue of scarcity of gas to supply for power generation, adding that there was the need for more holistic approach to the multiple challenges facing the country’s power sector.

On the effects of the constant failure of the national grid, Managing Director of Liberty Industries Nigeria Limited, Abuh Kamal, said he could not understand why the grid continued to crash, saying the government should sanction engineers working in the sector.

He said the constant collapse of the grid had compelled many manufacturers to relocate to neighbouring countries where stable power supply is guaranteed.

“To be candid, the Federal Government should no longer tolerate all the excuses being given by the Minister of Power. He should be fired. Not just him, but with the top engineers working in the sector. “If government comes hard at them, there will be a remarkable change in the situation. I am aware Nigeria has brilliant engineers as other professionals. So, I can’t understand why the power situation has not improved since 1999 when huge amounts had been invested in the sector,” he lamented.

Others who responded to the power crisis, said seven years into the President Buhari’s administration, the power situation has not improved.

As President Buhari asked Obasanjo a few years ago after the Elumelu Committee discovered that his (Obasanjo’s) administration pushed a whopping $16 billion into the power sector: Where is the power?

While Nigerians may not know how many billions of dollars President Buhari’s administration will spend on the sector in his eight-year tenure, till years to come, one thing is certain, Nigeria will also likely ask President Buhari in the years ahead: Where is the power?

Only time will tell if Nigeria will ever join the league of countries that enjoy uninterrupted power supply in the 21st century.

But the question many Nigerians are asking is: “How will Nigerians and businesses survive with the incessant collapse of the national grid and the high cost diesel and other petroleum products? Only time will tell.

Click on The Trumpet to follow us on our facebook page for more:

Tags: businessesconstant collapseNigerians
Previous Post

We spend N12bn every month on feeding schoolchildren

Next Post

FIFA appoints Amaju for a new committee

Blessing Oziwo

Blessing Oziwo

Next Post
FIFA appoints Amaju for a new committee

FIFA appoints Amaju for a new committee

About The Trumpet

The Trumpet is a Nigerian based national news media, owned, trademarked and operated by Elomaz Communications Limited with headquarters in FCT-Abuja and regional offices in Lagos and Delta States

Follow Us

Resources

  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

Recent News

Trump’s Visa ban derails Senegal Women’s Basketball Team’s U.S. training camp ahead of AfroBasket

Trump’s Visa ban derails Senegal Women’s Basketball Team’s U.S. training camp ahead of AfroBasket

June 20, 2025
Court of appeal overturns GTBank’s foreclosure on MKO Abiola’s son’s N30bn Ikoyi mansion

Court of appeal overturns GTBank’s foreclosure on MKO Abiola’s son’s N30bn Ikoyi mansion

June 20, 2025
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Go to mobile version
Verified by MonsterInsights