Solomon2day

  The management of the University College Hospital(UCH) Ibadan, Nigeria has appealed to patients to bear with the hospital as it makes efforts to address the present electricity challenge. This appeal was made by the management through the Public Relations Officer, Mrs. Obafunmilayo Adetuyibi in a chat with New Federation. ''Patients in the wards of the hospital should bear with us,the hospital is making efforts to address the electricity challenge. Our internally Generated Revenue(IGR) has gone low, several letters have been written to friends of the hospital in both the public and private sectors, we are hopeful that they will help us out.'' Mrs. Adetuyibi stated. The Public Relations Officer explained that on assumption of duty on the 1st of March 2019, the Chief Medical Director(CMD), Prof. Jesse Otegbayo met an accumulated bill of over 200 million Naira, adding,'' the bill is not for UCH alone, the College of Medicine, University of Ibadan has its own bill...

    It is over 10 years since the privatization of the electricity sector in Nigeria. Sadly, millions of Nigerians remain without meters and a regular electricity supply. Indeed, those in charge of the sector are yet to achieve laid out objectives, but rather have been successful in exposing regulatory policy defects. Of worry, is the unimpressive infrastructural development, coupled with the persistent excuses by the Electricity Distribution Companies. Without doubt, those in government have hidden interests in the sector. This may be the reason why the situation remains unchanged.

For the past seven years, the present administration in Nigeria has failed to provide the right impact and confidence in the minds of foreign investors. An assessment and evaluation of the business environment reveal little or no progress has been made. It is not in contention that with regular electricity supply, the successful implementation of an impressive business economic blueprint will remain a mirage. Following the collapse of the National Grid three times in four weeks, the power supply problem seems to be beyond this administration. The absence of a constant power supply has almost crippled all sectors of the economy coupled with the prohibitive cost of diesel. Nigerians are now asking very pertinent questions. How many megawatts of electricity did this administration meet when it assumed office in 2015? How many of the power generation stations are functional presently? Without a doubt, the privatization of the power sector has not brought any form of relief for Nigerians ...