Skip to main content

RE-VISITING THE POWER SECTOR

We know that the last administration of President Goodluck Jonathan in an attempt to solve the nation's power challenges privatized the power sector to different enterpreneurs. The move however failed to supply the much needed power for the nation's consumption. After President Buhari's takeover, not much has happened with regards to providing power to run industries, homes and business on which the economy depends.
The current minister of power has introduced the energy mix strategy to help supplement what the country generates but so far it hasn't impacted much on the power problem. We have a situation right now where power generated comes from hydro power plants, gas and renewable energy. And we know so far, the combined power generated from these sources have been too little to serve the country. But do we know that Nigeria flares gas everyday and wastes what could be added power generation from gas. Why not open the power sector like the telecommunications sector and invite investors to build gas plants and conserve the wasted gas and use it to generate power. It is one of the natural resources we have in abundance in this country and should be used for its citizens. Just like the billion dollar oil sector, we can open up the gas sector and use it to solve our power problems then Nigeria can fully industrialize. Imagine the employment opportunities the sector could provide and the fallout of smaller jobs across the value chain.
The solution to our problems are not so complex, we just need complex thinkers.

Comments

Popular posts from this blog

The End SARS Protests

I have been quiet since the end sars movement started. Not because I didn’t want to speak but because I was hoping for it to culminate into something tangible and bring about the positive change that a lot of Nigerians desired. I remember having a conversation about it with someone and I prayed that it would not spiral out of control. I wanted a positive change but I wasn’t prepared for the cost of laying down lives because I sensed that it was going to get to that should the protesters expand their agitation to good governance. The powers that be would not surrender without a fight and they have the resources of the government on their side. They would claim that the protesters wanted to topple a “democratically elected” president. And that would make it illegal. And what is democratic about a president who has refused to listen to the cries of the people?In their short memory however, they have forgotten that this same president came into power for the first time in 1985 after a coup...

THE GAINS AND LOSSES OF THE ABSENCE OF MR PRESIDENT: BY UWAKWE ROLAND.

President Muhammadu Buhari has been absent from duty since the last few months on a purported medical checkup in London. Good a thing he legally transferred power to the Vice President who is now the acting President, this is unlike the imbroglio that played out during Yar’adua’s time when the National Assembly had to invoke the doctrine of necessity so as to effectively transfer power to then Vice President Goodluck Jonathan. The problem is that even as an acting President, Yemi Osinbanjo has limited powers to fully assume responsibility as the commander in chief, this is because most of the big government functionaries may still owe their loyalty to Mr President, couple with this, Buhari appointed people of his like minds who may not comfortably work with the acting President that will want to bring his knowledge of law and practice into governance. Hence the long absence of Mr President may eventually result to a slow down of democratic dividends. The above ...