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Nigerian Governors' Performance on Power Sector Savings

Politics
This Day
Nigerian Governors' Performance on Power Sector Savings

The article concludes a series on the performance of Nigerian governors concerning subsidy savings and their implications for the power sector. It highlights states such as Akwa Ibom, Bauchi, Plateau, Katsina, and Lagos, noting a mix of satisfactory and unsatisfactory performances.

Enugu and Lagos are identified as leaders in this initiative, while states like Rivers, Gombe, Borno, and Yobe are marked as underperformers. The assessment focuses on the power sector's challenges, particularly access to and affordability of electricity, which remains a significant issue in Nigeria.

The deregulation of the power sector through a constitutional amendment in 2023 allows both national and state governments to generate, transmit, and distribute electricity. The article emphasizes that judicious use of public resources could address Nigeria's power problems and enhance productivity across various sectors.

Key metrics used for evaluation included legal frameworks, regulatory readiness, and project pipelines.

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