Nigeria has invested an estimated ₦10 trillion in its electricity sector over the past 13 years, yet the country continues to grapple with an unstable power supply, raising fresh concerns about the effectiveness of reforms and infrastructure investments.
Despite substantial public and private sector funding since the privatisation of the power sector in 2013, millions of households and businesses still experience frequent blackouts, unreliable electricity and dependence on alternative power sources such as generators.
Industry stakeholders say persistent challenges, including inadequate transmission infrastructure, weak distribution networks, gas supply constraints, ageing equipment, vandalism and limited investment in grid expansion, continue to hinder the delivery of stable electricity nationwide.
The unreliable power supply has imposed significant costs on businesses, reduced industrial productivity and increased the cost of living, as many Nigerians rely on expensive alternative energy sources to meet their daily electricity needs.
Experts have called for greater accountability, improved regulation, increased investment in transmission and distribution infrastructure, and accelerated implementation of ongoing power sector reforms to ensure that future investments translate into reliable and affordable electricity for consumers.
The latest figures have renewed calls for a comprehensive review of Nigeria's electricity sector to address longstanding structural challenges and deliver sustainable improvements in power generation, transmission and distribution.
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