Analysis Of Critical Frequent Incidents in Power Sector Inimical to Rapid Industrialisation of Nigeria

<p>Since the privatization of the power sector in Nigeria in November 2013, Nigeria is yet to experience a<br>stable, quality, and adequate supply of electricity. Daily power generation is at best between 3,000 –<br>3,500 MW, granted that there is no incidence of power outage. However, grid collapse with resultant<br>widespread power a outage has become so common; too bad that the country recently recorded only 3<br>MW in power generation. This work explores the major frequent occurrences in the power sector that<br>slow down productive activities and industrialization in Nigeria. In particular, it worries about falling<br>capacity utilization, vandalism, over-dependence on self-generation, closure of industries, and high<br>electricity bills. Remedial measures were proffered in good measure in order to ensure accelerated<br>development of Nigeria.</p>