N16tn on generators, fuel: Money badly spent
NIGERIA’S power sector is shabby, inefficient and has led to wasteful expenditure outcomes. With gross infrastructure deficits and ineffective systems, homes and industries spend trillions of naira annually to provide alternative power. According to the Minister of Power, Adebayo Adelabu, Nigerians spent 60 per cent of the 2024 federal budget on buying generators and fuelling
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