Presidential candidate of the African Action Congress Omoyele Sowore has accused ex-President Olusegun Obasanjo and former Vice President Atiku Abubakar of being responsible for the recurrent collapse of the national grid.
Nigeria’s electricity generation plunged on Wednesday to 50MW after peaking at 4,091.6MW on Tuesday.
Atiku, who is the presidential candidate of the Peoples Democratic Party, took to Twitter and proposed what he described as “innovative financing” of infrastructure that would facilitate private sector investment in the power sector.
“Due to the priority that I place on the power sector upon which the successes of other sectors are hinged, I am proposing innovative financing of infrastructure that will involve the facilitation of a review of the financial, legal, and regulatory environment to promote private investment in power, among other sectors,” he said.
Atiku added that he would “promote the incentivisation, with tax breaks, a consortium of private sector institutions to establish an Infrastructure Debt Fund (IDF) to primarily mobilise domestic and international private resources for the financing and delivery of large infrastructure projects across all the sectors of the economy.”
Reacting to Atiku’s comments, Sowore said the former number two citizen was pretending to care.
“The National Electrical grid collapse started when you and Obasanjo invested $16 billion to procure darkness for Nigeria, the @MBuhari regime came to gazette grid collapse as a law.
“Alhaji @atiku, don’t pretend that you care about the National Grid!” The publisher wrote.
Meanwhile, the Transmission Company of Nigeria said Thursday morning that the electricity grid will soon be back up.