WOULD ELECTRICITY REALLY GET BETTER IN NIGERIA?

Are you familiar with the term "One day off and two days on of Electricity"? Then, you are most likely Nigerian..... BUT it looks like there will be respite for our souls.

The Power Holding Company of Nigeria (PHCN), recently unbundled into 18 companies and it appears that before the government's invitation for prospective private sector bids, the Manufacturing association of Nigeria (MAN) is prepared to acquire the company.

Over the years, power has been a major problem of the manufacturing sector of Nigeria. A lot of prospective Manufacturers decided against having their plants in the country because of the high cost of generating electricity. As a result of this, the MAN has decided to to take advantage of the on going reforms and proposed privatisation to establish an Independent Power Plant. MAN has therefore decided that they will bid for the company at the appropriate time.

Some people think its just one of those white elephant projects that will not see the light of day.I think Electricity will definitely get better, what!? With the card thing already going on in some areas. It is Pay as you go....


But really what do you think?

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