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Wednesday, January 2, 2013

In 2012, the power sector struggled to be powerful

 
 
 
 
 
 
The power sector in Nigeria remains largely in the doldrums in spite of sing-songs from the federal government, given that the ever expanding Nigerian population of over 160 million is still grappling with just 4,500 megawatts of electricity, an amount of power used by medium sized European cities.
The year 2012 was quite eventful for the power sector. Apart from Professor Barth Nnaji’s controversial resignation as minister of power, the minister of state Arch. Darius Ishaku was redeployed to the ministry of Niger Delta in the same capacity while Hajiya Zainab Ibrahim Kuchi, formerly at the Niger Delta ministry took over his place.
Other critical issues and events that shaped the power sector in 2012 were; the increase in electricity tariffs, sale of the electricity distribution companies, generation companies and the management contract of the Transmission Company of Nigeria (TCN) including the controversies that trailed it as well as renewed show of interest by foreign investors among others.
Nnaji resigned

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