Our Unusual Electricity Industry

 By Adekunle Adekoya

Our country, Nigeria, is a wonderful one. In fact, there is no other country like ours on the face of this earth. What works seamlessly elsewhere is like rocket science here, and vice-versa. For many years, we imported what we have and have tried to export what we don’t have.

The unusualness of Nigeria reared its head a few days ago when the Nigeria Electricity Regulatory Commission, NERC, published data on the state of affairs in our electricity industry.

The data, in part, revealed that revenue accruing to the electricity distribution companies, called DISCOs, soared by 666% in 10 yrs, while electricity supply grew just 32% within the same period. Properly spelt, the data showed that DISCOs’ revenue rose from N302.93 billion in 2016 to N2.3188 trillion in 2025, an increase of about 666 per cent.

Federal Universities And Hike In Fees

 By Jerome-Mario Utomi

It is pedestrian information that while Nigerians were waiting for the commencement of governance, President Bola Ahmed Tinubu on the day of inauguration, precisely on Monday May 29, 2023, announced the removal of fuel subsidy without putting palliatives in place to assist ameliorate the harsh impact of such policy reversal. 

Also newsy is that before the dust raised by such a decision could settle, another was up, as the Federal Government again implemented a coordinated but thoughtless hike in fees paid by students of most of the tertiary institutions of higher learning in the country.  What is however different is that such harrowing decisions have left varying degrees of unpalatable impacts on Nigerians.