The Economic State Of The Power Sector In Nigeria.

in LeoFinance3 years ago (edited)

▶️ Watch on 3Speak




Power is an important sector in Nigeria because without it so many other sectors might not work really. Nigeria supplies power to neighboring nations in huge multi billion naira deals and yet the system of supply to her citizenry is way worse, inefficient and rather expensive.
In this video I talk about how people are debt slaves to the federal government because of how they accrue expensive power rate on a monthly basis without being able to pay.
The power sector has obviously been privatised but then the ministry of power still decides what happens in the power industry.
I talk about how the average Nigeria power consumer is always at the recieving end of things like price hike due to maintainance. I also address the issue of the corrupt system in the power sector. With frequent and cheap rate of power supplies so many sectors will thrive. Oil and power are two things that decides the GNP of most of Nigerian citizens and how this sectors are being mismanaged and illy handled is part of the huge reasons why Nigeria is in economic shambles. In this video, I talk about it all.




Interested in some more of my works?

The Motivating To Stay Mentally Healthy In An Unmotivated Universe
The Nigerian State; What Change Would Generally Influence The Economy & More?
Scouting In Football; A Failed Commercialised Venture In Most Football Clubs?
Our Love... That Glitters.... (An Original Poetry)
Doing Right By Our Consciousness; Is Death Always Peaceful As It Is Often Thought?
What Is And Isn't The True Definition Of Weakness?


00000PORTRAIT_00000_BURST20200911180640714-02.jpeg


My name is @Josediccus, a young Nigerian student who is a Vlogger, A Psychologist, Poet And Sports Writer/Analyst. I'm using my contents as a process to create shared meaning as well as create expressions through which people on/off hive can relate. I believe content is a process to be enjoyed and relished and I'm up for any collaborations in my field stated above. Cheers


@Josediccus, your brother-in-pen & heart


I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog


My Twitter handle


▶️ 3Speak