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Topic: Nigeria Energy needs (Read 32 times)

sr. member
Activity: 392
Merit: 277
October 27, 2024, 08:21:25 AM
#2
Looking at Nigeria as a country if we are to make any economic progress then we need to fix our energy needs and demand.
The Nigeria energy crisis is one area we've negatively adapted into and allowed to become a normal thing even when the effect is telling on SMEs and work-from-home people who have to depend on power for most of their jobs or alternatively run petrol which is now too expensive for the common man to afford. The constant failure of the power grid is an issue and the rate at which most rural areas can't boast of power supply for years in this century is a very worrisome problem.

We most times catch cruise with it when we're being ridiculed online as a nation that can't boost of constant 12 hour power supply as opposed to the 24 hours power supply we should have been using considering that we are an oil producing nation. It might surprise you to note that some host communities to oil companies can't boost of power and yet thousands of barrels of oil gets drilled out of those communities on a daily basis.

Most businesses are currently bankrupt because they can't meet up with the fuel requirements due to lack of power while intending SMEs have been discouraged from even starting because of the projection of high cost of running Diesel. The power sector is one area that if it's worked on, it's going to boost the economy of the nation too positively and will encourage SMEs which are systems that helps an economy thrive effectively.
full member
Activity: 334
Merit: 121
October 26, 2024, 10:27:40 AM
#1
Nigeria a nation that is blest with both national and human resources with a population that is ever increasing is  facing some critical problems among whom is the problem of power.in this twenty first century any nation of the world that wants to get it right will take their development serious like in the areas of constant electricity, good road's, access to health, access to clean water etc.
Power play a key role in the economy of developing Economies like Nigeria as it's an economic stimulant as small companies that are starting don't need to spend money in providing for their own power . Looking at Nigeria as a country if we are to make any economic progress then we need to fix our energy needs and demand.
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