" ITREALMS: $200bn
Showing posts with label $200bn. Show all posts
Showing posts with label $200bn. Show all posts

Friday, July 11, 2025

$200bn quest for reliable electricity by Elvis Eromosele - ITREALMS

Commentary@ITREALMS ... making leadership SENSE with digital news!

Nigeria is an energy starved nation. Imagine a country in the 21st century with over 200 million people and an unstable power supply. It's a recipe for backwardness. It is also a sad commentary on the failure of successive governments over a hundred years. No wonder the hum of progress is too often drowned out by the silence of power outages.
$200bn quest for reliable electricity by Elvis Eromosele - ITREALMS
Today, homes flicker into darkness, businesses grind to a halt, and dreams of economic growth stall in the face of an unreliable electricity grid. The numbers paint a grim picture. Nigeria generates a mere 6,000 megawatts (MW) of electricity against an estimated demand of 40,000 MW needed for a stable, nationwide supply.