Categories: Government

Peter Obi Slams Tinubu Over Double National Grid Collapse, Calls for Urgent Power Sector Reforms

The Labour Party (LP) presidential candidate in the 2023 election, Peter Obi, has berated President Bola Tinubu’s government after the country’s national grid collapsed twice in less than 24 hours.

The former Anambra State Governor reacted via a lengthy statement on his official X handle on Tuesday, October 15.

Obi blamed the persistent collapse on the failure of leadership and the policies implemented by the federal government.

He called for urgent and comprehensive reforms, saying Nigerians deserve a government that prioritizes measurable indices of development

He said, “For the umpteenth time, the national grid has collapsed, plunging a huge part of the nation into darkness and exposing the fragility of Nigeria’s power infrastructure.

“This recurring disaster is a national shame and a glaring testament to the failure of leadership and policy implementation at the highest levels. How long must Nigerians endure a system that fails to provide one of the critical necessities for a productive society?

“This latest power grid collapse is emblematic of a leadership and government that have consistently failed to prioritize the welfare and economic well-being of the people.

“We all know the immense importance of power supply to the transformation of our economy. Its support to SMEs, which are the engine of job creation and a major contributor to our GDP, is immeasurable.

“Today, we are the fourth largest economy in Africa, having fallen from the number one position due to leadership failure over the years, including the persistent power crisis, which is critical when compared to smaller economies.

“South Africa, which is now the largest economy in Africa with a GDP of about $400 billion and 30% of our population, generates and distributes over 40,000 megawatts of electricity.

“Secondly, Egypt, the second largest economy with a GDP of about $350 billion and half of our population, generates and distributes over 40,000 megawatts.

“Algeria, the third largest economy, with about 300B GDP and 20% of our population, generates and distributes over 50,000 megawatts of electricity.

“Nigeria, with less GDP but with more population than the 3 countries combined, generates and distributes less than 10,000 megawatts, and even that is riddled with frequent collapses and crises of failure.

“This disparity in power generation is a reflection of the deep-rooted governance deficit that continue to hold back our growth and potential. It is time for urgent, comprehensive reform. Nigerians deserve a government that prioritizes measurable indices of development.”

Investors King reported that the national grid partially collapsed on Tuesday morning, marking the second collapse in less than 24 hours after the first collapse on Monday.

Bassey Marshall

Share
Published by
Bassey Marshall

Recent Posts

Dollar to Naira Black Market Exchange Rate Today, 22nd January 2025

The dollar to naira exchange rate continues to be a focal point in Nigeria's financial…

6 hours ago

Pounds to Naira Black Market Exchange Rate Today, 22nd January 2025

The pounds to naira exchange rate continues to be a critical topic in Nigeria’s financial…

6 hours ago

MTN Nigeria Secures NCC Approval to Renew and Harmonise 800MHz Spectrum Licences

MTN Nigeria Communications PLC has received approval from the Nigerian Communications Commission (NCC) to renew…

11 hours ago

CAC Strengthens Compliance and Enforcement Responsibilities, Targets Business Formalization

The Corporate Affairs Commission (CAC) has outlined plans to enhance its compliance and enforcement responsibilities,…

12 hours ago

Nigeria Could Generate Over $2 Billion from Carbon Market by 2030 – UNN

The University of Nigeria, Nsukka (UNN), has projected that Nigeria could earn over $2 billion…

12 hours ago

Trump Restricts Citizenship Rights for Babies of Undocumented Parents

President Donald Trump has signed an executive order titled “Protecting the Meaning and Value of…

17 hours ago