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Wednesday, 12 September 2012
What power will 'power' give?
Following the recent development in Nigeria's power sector and the generation of as much as 4,420 mega watts of elcetricity, one would expect that Nigerians should start feeling the positive impact of this new development other than the domestic use of electricity and the noiseless and peaceful neighbourhood.
Manufacturers of goods who have always nailed high cost of these products on power supply hopefully will be relieved and we hope that the prices of goods will start reducing amongst a host of other benefits to be enjoyed.
However, as with most development programs in Nigeria, continuity will be a major decider of if any benefit and how much of it will accrue to Nigerians.
We are hoping and watching.
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Continuity, yes. Also would be nice if we could get those interest rates down to something reasonable
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