National Economy
Sunday, July 13, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Economy Energy

Obi Expresses Concern Over Incessant Collapse Of National Grid

by Ruth Nwokwu
8 months ago
in Energy
Reading Time: 2 mins read
Grid
Share on FacebookShare on TwitterShare on Telegram

Presidential candidate of the Labour Party in the 2023 general election, Mr Peter Obi has expressed concerns over the ongoing power crisis following the continued collapse of the national grid.                        

The national power grid again collapsed on Tuesday, plunging Nigerians into darkness for some hours.

Reacting to the situation in a statement on his X (formerly Twitter) handle on Wednesday, Obi highlighted South Africa’s recent achievement of recording seven months of uninterrupted electricity supply.

The former governor of Anambra State stressed that the issue of power failure affects Nigerians, irrespective of regions or religious groups, dismissing any suggestions that certain groups benefit more than others in the energy sector.

You May Like

New Fiscal Policy Regime And NNPCL Projected Growth Dream

Nigeria Widens Stakeholder Engagement On Implementing Minimum Energy Performance Standards (MEPS)

He said, “Again, yesterday (Tuesday), the now regular news came that the National Grid had collapsed once again. Just a few days ago, on the 25th of October, South Africa that was the second-largest economy in Africa behind Nigeria until recently, with a quarter of our population, celebrated seven months of uninterrupted power supply.

“South Africa generates and distributes about 40,000 MW of electricity, while Nigeria struggles to generate and distribute just 10% of that.

“Is there any tribe in Nigeria that enjoys uninterrupted power supply like South Africa? I am labelled a tribal bigot. When I ask if any religion enjoys special privileges in this crisis, I am called a religious bigot. But I will continue to speak the truth about our situation today.

“The fact remains that we are all suffering equally from this failure,” he said.

Obi also advised Nigerians to move past primordial sentiments and focus on electing leaders who can drive the country towards development.

He underscored the need for transformative leadership to move Nigeria from a consumer-driven economy to a productive one by channelling resources into essential sectors like health, education, and infrastructure.

He said, “The fact remains that we are all suffering equally from this failure. The solution lies not in tribal or religious affiliations but in visionary leadership and a shared commitment to progress.

“We must set aside these primordial sentiments and elect leaders who are competent, capable, and have the vision to transform our nation from a consumer-driven economy to a productive one by investing our meagre resources in critical areas of development like health and education, lifting our people out of poverty, and ensuring increased electricity production and distribution.”

ShareTweetShare
Previous Post

Just In:DisCos Announce New Meter Price Hike

Next Post

National Grid Collapses Again Triggering Widespread Blackouts

ANOTHER GOOD READ

New Fiscal Policy Regime And NNPCL Projected Growth Dream
Energy

New Fiscal Policy Regime And NNPCL Projected Growth Dream

6 days ago
Energy

Nigeria Widens Stakeholder Engagement On Implementing Minimum Energy Performance Standards (MEPS)

2 weeks ago
Transformation Of Nigeria’s Downstream Value Chain
Energy

Transformation Of Nigeria’s Downstream Value Chain

3 weeks ago
Nigeria’s Local Oil Companies Providing Crude Production Buffer With IOC’s Onshore Exit
Energy

Nigeria’s Local Oil Companies Providing Crude Production Buffer With IOC’s Onshore Exit

4 weeks ago
IOCs  Lists Opportunities As Nigeria Seeks Synergy On Production Capacity
Energy

IOCs Lists Opportunities As Nigeria Seeks Synergy On Production Capacity

1 month ago
Creating Downstream Oil Industry Stability In Through Effective PIA Implementation
Energy

Creating Downstream Oil Industry Stability In Through Effective PIA Implementation

3 months ago
Next Post
National Grid Collapses Again Triggering Widespread Blackouts

National Grid Collapses Again Triggering Widespread Blackouts

Most Recent

Trump Cryptocurrency Drops Amid US Tariff Backlash

Trump Threatens 10% Tariff On Countries Aligning With BRICS

July 7, 2025
China Hits US With Retaliatory Tariffs, Launches Probe Into Google Practices

China Responds To Trump’s Tariff Threat Against BRICS-Aligned Countries

July 7, 2025
CBN Unveils New Liquidity Instruments For NIFIs

CBN Clarifies BVN Fee For Nigerians In Diaspora

July 7, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

Fiscal Governance Lifeblood Of National Development— Tinubu

July 7, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

At BRICS Summit,Tinubu Demands Reform Of Global Financial, Health Systems

July 7, 2025
LG Launches “Radio Optimism” Campaign

LG Launches “Radio Optimism” Campaign

July 7, 2025
Are Africans Genetically Inferior?

Are Africans Genetically Inferior?

July 7, 2025
Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

July 7, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy