The government has approved a ₦4 trillion plan (~$2.6 billion) to refinance debts in the power industry, owed to 27 generation companies from 2015-2023.
This isn’t just about money — it’s about whether Nigerians will finally get light more consistently, and at fair cost.
The plan also ties into tariff hikes and subsidy cuts — meaning more burden for consumers, unless the supply improves.
Questions we must ask:
Will this reform trickle down to your home and business?
Are more blackouts ahead unless investment really kicks in?
Who benefits if only the big companies get paid, but the grid stays weak?
Nigeria deserves a power system that actually powers lives — not one that powers complaints.
Angel
3 hrs agoThe government has approved a ₦4 trillion plan (~$2.6 billion) to refinance debts in the power industry, owed to 27 generation companies from 2015-2023.
This isn’t just about money — it’s about whether Nigerians will finally get light more consistently, and at fair cost.
The plan also ties into tariff hikes and subsidy cuts — meaning more burden for consumers, unless the supply improves.
Questions we must ask:
Will this reform trickle down to your home and business?
Are more blackouts ahead unless investment really kicks in?
Who benefits if only the big companies get paid, but the grid stays weak?
Nigeria deserves a power system that actually powers lives — not one that powers complaints.
#PowerReform #Nigeria #ElectricityCrisis #GoodGovernance #Energy