Nigerians have continued to live under the choking burden of inflation as neither the local currency which is fast loosing value and staple food items are easy to come by these days.
With prices of food items rising on daily basis, preserving the few items that money can buy and remaining at home these days are no longer tolerable.
For instance, some residents in Mowe and Magnoro axis in Ogun state, under the Ibadan electricity distribution company have started relocating to Arepo as their situation is worse than the residents in Arepo, under Ikeja electricity distribution company.
But, on the whole , governance is at its lowest ebb in the country due to early commencement of electioneering campaigns, a development that has made citizens resign to fate.
However, Ikeja disco continues to offer explanations to its customers over the intermittent disruption of electrivity supply.
On Thursday, the DisCo informed its consumers reasons for the blackout, citing lower allocation of power from the Transmission Company of Nigeria, (TCN).
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“Dear Customer, The current supply interruption in your vicinity is a result of Low power allocation from TCN.
The transmission company of Nigeria (TCN) is currently working to ensure the power supply is restored to your vicinity. Thank you for your patience.“
Nigerians have been clamouring for a revisit to the privatization program of the sector as most of them have really not taken off from the ground, partially due to either endemic problems which they inherited due to lack of due deligence or lack of commitment to quality service ocassion Ed by lack of competent staff and prudence on the part of some management of the firms.
TCN emerged from the defunct National Electric Power Authority (NEPA) as a product of the merger of the Transmission and Operations sectors on April 1, 2004.
It was incorporated in November 2005. Being one of the 18 unbundled Business Units under the Power Holding Company of Nigeria (PHCN),
TCN was issued a transmission License on 1st July, 2006. It was subsequently issued two licences on June 10, 2013 for electricty transmission and system operations.
But since there the sector has not been fairing well due to lethargy on the part of the company.
Besides the operational and corporate governance issues of the firms, government's mingling into the operations of these firms which are supposed to be private sector driven is another challenge of the sector, according to some analysts.
