Nigeria’s energy crisis deteriorated Monday, as the Nigerian Electricity Regulatory Commission (NERC), the government agency responsible for regulating operations in the electricity sector, reported that only five of the country’ 23 power plants are currently functional. By implication, Nigerians would now have to contend with a biting fuel supply crisis, which has almost grounded the economy for months, and lack of electricity to power. On Friday, the Permanent Secretary, Federal Ministry of Power, Godknows Igali, had during a meeting with outgoing Vice-President, Namadi Sambo, in Abuja raised the alarm over the epileptic supply of electricity across the country. Mr. Igali, in the company of the Minister of Power, Chinedu Nebo, said the country’s dwindling electricity supply took a further nosedive to unprecedented all-time low level of 1,327 megawatts (MW) from the 4,800 MW level attained recently. He attributed the damning situation to the epileptic performance of most key power […]