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This is Why Many Nigerians Believe Stable Power Supply Is Unattainable
75 percent of Nigerians still live without having access to regular supply of electricity despite the massive investments made in the energy sector since the sector was privatized.
As stated by the Nigerian Association of Energy Economists, about 45 percent of the Nigerian population is connected to electricity while only 25 percent enjoys a regular supply of electricity.
The few that enjoy a regular supply of electricity are found in the urban areas of the country while those in the rural areas have less access to the power grid.
As a result, there is economic redundancy in the rural areas since regular supply of electricity is essential for economic development.
Lots of factors are responsible for this undesirable situation. In this piece, I have highlighted 7 reasons responsible for the erratic power supply in Nigeria.
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