Adedeji Adeleke's power plant company is not a charity organisation. He and his Chinese partners have invested close to $2 billion. They will aim to recover their funds and also make a profit. The main problem of Nigerian electricity supply is not power generation but distribution. In recent times we have had many national grid collapses which has caused national blackout. For me, the solution to this problem is when state and even local governments partner with private investors to generate and distribute power. The quasi-centralization of the power sector has led to monopoly which is not helping matters.
Attention: You will get better responses if this topic is moved to the Nigerian local board.
https://bitcointalk.org/index.php?board=275.0No one said he shouldn’t make money from what he has invested so much in. But what is conveying consider is will it meet the demands of the people. It is really frustrating that after paying for electricity and yet you can’t make use of it. Good he is trying to solve the problem of electricity. Let it be that this can meet up with the demand of the people when it comes to electricity. The fee aside
Its not just about meeting the demands of people in supplying electricity to the different states - is it affordable? Because what's the point of building an electricity grid when the average Nigerian cannot afford it? Is it only the rich class that will survive in the country now? It's okay for him to get profit from it if he's not a charity organization, but he should at least address the foundational problem, which is supplying electricity to different classes.
A poor man should be able to pay for it with their capacity and have a good amount of electricity. So also an average person or a rich person. To me, what's the point of having an innovation that will not cater to the needs of people? What's the point if the poor person that is really suffering from electricity blackout, and the average person with family can't access it because the rich have solar installations, despite how expensive it is. Big plant generator, they have it, so if you still bring an electricity innovation that favours the rich, what's the point?
So aside from demand, my issue is affordability. Is it affordable? But all we are hoping for is the best, that both the government and private sectors that are working towards the electricity issue model the electricity to cater to diverse sectors of people that live in the country. Because it's not funny anymore.