N16tn on generators, fuel: Money badly spent

NIGERIA’S power sector is shabby, inefficient and has led to wasteful expenditure outcomes. With gross infrastructure deficits and ineffective systems, homes and industries spend trillions of naira annually to provide alternative power. According to the Minister of Power, Adebayo Adelabu, Nigerians spent 60 per cent of the 2024 federal budget on buying generators and fuelling

Read More Read More

Check Also

Long-term strategies needed for food security

THE Federal Government recently announced a 150-day duty-free import window for food commodities as part …

Leave a Reply

Your email address will not be published. Required fields are marked *