The current on-going effort by the Federal Government of Nigeria to inject about N75 billion of taxpayers money towards improving the infrastructural and technical gaps and closing all areas of service inefficiencies in the distribution sub-sector has been applauded by critical stakeholders in the Nigerian power sector value chain as timely and a welcome development particularly when the said fund is coming less than a year to the 2019 General Elections.

However, investigations and interactions with the operators of the 11 distribution companies are showing that the largesse is being received with mixed feelings and rather cautious optimism. The fact is that the present attempt by the Federal Government is not much different from the methodology and style adopted in the past.

Read more...http://energyworthonline.com/2018/06/16/suspicion-over-fgs-n75bn-power-sector-bailout-fund/