For God sake, can this country called Nigeria ever be what our fore father, fallen heros and heroin dreamed of a better country for us all comes to reality?
Economy they says is the power of every nations under this sun when thing are striving well and the people of the land enjoy.
But not the case with my nation when what suppose to be the engine or the propeller of the economy is sabotage. The Nigeria power holding company living up to it wonderful name by crippling and holding and holding power meant for the improvement of the economy and the society as it's name been.
Nigeria's electric power sector requires substantial reform if the country's economic development and poverty alleviation program is to be realized. This understanding is behind the reform programmed recently initiated by the Nigerian government with the goal of privatizing the national electric power monopoly, NEPA.
Currently, the country faces serious energy crisis due to declining electricity generation from domestic power plants which are basically dilapidated, obsolete, unreliable and in an appalling state of disrepair, reflecting the poor maintenance culture in the country and gross inefficiency of the public utility provider. Building on an analysis of the major shortcomings of the current electric power company, this paper presents the central issues that should form the key objectives of the proposed reform.
This include corporatization of the electric power industry, increasing access and power delivery capacity, constraining the costs of the power industry and increasing efficiency and share of renewable in energy generation, as well as minimizing environmental damage. We conclude with the observation that efforts at reform will not yield the desired result if the current end-user inefficiency is not constrained.
As Nigeria implements its national utility privatization programmed, it is hoped that this review will benefit policy makers and emerging managers and providers of electricity service in the country.
Oh! NEPA abi na PHCN when will thou be stable!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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