The major problem bogging down Nigeria’s power sector is its ineffective market which is about as efficient as a basket would be in retaining water. It makes sense then, that the place to start in finding a solution is fixing the electricity market so that debt obligations can be settled and the services priced fairly and paid for.
This may appear like oversimplifying the problem but in reality, it’s really not as complex as both the government and the operators are making it appear. Nigerians just want electricity for most hours of the day and are willing to pay a fair rate for power as long as they are not cheated through estimated billing – most Nigerians anyway.
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