EDITORIAL: Mr. President, Pull the Plug: Revoke DisCo Licences Now: Our Mumu don do
EDITORIAL
BY TONY OKAFOR
Nigeria’s electricity sector has been a perpetual source of frustration for citizens, plagued by frequent power outages, exorbitant bills, and a lack of accountability.
The electricity distribution companies (DisCos) at the heart of this crisis have failed to deliver on their promises.
It is time for the federal government to take drastic action and revoke their licenses.
The DisCos’ track record is marred by controversy, secrecy, and allegations of corruption.
Many lack the necessary experience and expertise, yet were handed lucrative contracts, some secured through fraudulent means, with little to show for it.
Their inefficiencies are well-documented: failed infrastructure investments, arbitrary billing, abysmal customer service, and accusations of embezzlement and mismanagement.
The consequences are far-reaching. Businesses suffer losses, households rely on expensive generators, and public health, education, and quality of life suffer.
The current model is not working. The federal government must take bold action to revoke DisCo licenses and introduce transparency, accountability, and efficiency.
Competitive bidding for new contracts could ensure capable companies take over.
The Nigerian people deserve better. It is time for the government to prioritize citizens’ needs over corporate interests.
The future of Nigeria’s economy and citizens’ well-being depend on it.
The status quo is unacceptable. It is time for change.
Our Mumu don do
