Electricity is a commodity or product that requires cost recovery returns on Investments. This is the reason why power business value chain must be viewed purely from commercial perspectives. Doing this would ensure steady supply of electricity and create an enabling environment for investors.
But with the current situation in the industry in which stakeholders are faced with fixed tariff or over bloated tariff creating viable and harmonious atmosphere for both the investors and consumers may be an uphill task. It is therefore important that such an obstacle is removed for the benefit of everybody.
Nigerians and by extension electricity consumers have been reduced to bargaining chips and Instruments of collateral used by successive governments to secure foreign loans, all in an effort to improve supply to the citizens...for further reading, click on https://businessday.ng/energy/article/the-imperative-of-removing-myriad-obstacles-in-power-sector/
SOURCE: BusinessDay Newspaper Aug 20, 2020.