News"Incessant Collapse Of National Grid Is Sign Of Leadership Failure" – Peter...

“Incessant Collapse Of National Grid Is Sign Of Leadership Failure” – Peter Obi

spot_img

By Ayodele Oni

Access Bank Advert

The 2023 Labour Party presidential candidate, Peter Obi, has Obi has reacted to incessant collapse of the national grid and criticized the disparity between Nigeria’s power generation capacity and that of other African nations.

Obi highlighted the differences between Nigeria and economies like South Africa, Egypt, and Algeria.

UBA

Obi in his X account writes “Today, we are the fourth largest economy in Africa, having fallen from the number one position due to leadership failure over the years, including the persistent power crisis.

“The disparity in power generation is a reflection of the deep-rooted governance deficit that continues to hold back our growth and potential.”

READ ALSO:  NNPCL's Release of N15 Billion Worth of Products Vindicates CNPP's Allegation of Economic Sabotage

He added that Nigeria, despite its larger population, generates significantly less electricity compared to smaller economies.

He expressed concern over the recent collapse of Nigeria’s national power grid, which has once again left large parts of the country in darkness.

The grid reportedly failed on Monday evening at around 6:18 pm, causing widespread power outages.

Investigations revealed that electricity generation, which stood at 3.87 gigawatts by 5 pm, dropped to 3.56GW at 6 pm, and eventually plummeted to 0.00GW by 7 pm, continuing into the night.

The Enugu Electricity Distribution Company (EEDC) confirmed the grid collapse in a statement released later that same evening.

READ ALSO:  Fresh Charges Filed Against 4 Bloggers Over Cyber Stalking GTCO; Case Adjourned

Reacting to the incident, Obi,  condemned the development, calling it a national embarrassment.

“For the umpteenth time, the national grid has collapsed, plunging a huge part of the nation into darkness and exposing the fragility of Nigeria’s power infrastructure.

“This recurring disaster is a national shame and a glaring testament to the failure of leadership and policy implementation at the highest levels.

“This latest power grid collapse is emblematic of a leadership and government that have consistently failed to prioritize the welfare and economic well-being of the people.

“We all know the immense importance of power supply to the transformation of our economy. Its support to SMEs, which are the engine of job creation and a major contributor to our GDP, is immeasurable.”

READ ALSO:  Unity Bank: Customers At The Centre Of Our Business- Somefun

He argued that the lack of consistent power hinders the productivity and growth potential of Nigerian businesses.

“Nigerians deserve a government that prioritizes measurable indices of development.”


Discover more from The Source

Subscribe to get the latest posts sent to your email.

Share your story or advertise with us: WhatsApp: +2348174884527, Email: [email protected]

Your Comment Here

More articles

Discover more from The Source

Subscribe now to keep reading and get access to the full archive.

Continue reading