Nigeria @63: Power Sector Woes Continue To Stagnate Industrial Growth

As Nigeria, the most populous country in Africa celebrates its 63rd independence anniversary, failure to fix power sector problems has undoubtedly remained a major albatross to industrial growth in the country. In what seems like a stubborn ailment as some analysts have described it in the past, the scourge has seemingly defied medications as successive governments for over six decades have failed to fix it, constantly plunging Nigerians into darkness, taking a heavy toll on businesses that reel under the burden of high energy costs. Even the privatisation that took place with the unbundling of generation, and distribution companies, hitherto … Continue reading Nigeria @63: Power Sector Woes Continue To Stagnate Industrial Growth