Nigerians Should Not Expect Improved Power In The Next 5 Years - Electricity Boss

The Managing Director of the Benin Electricity Distribution Company, Olufunke Osibodu, has told Nigerians not to expect any improvement in the power sector in the next 5 years.
Mrs. Osibodu said at least N250bn is required annually to fix the country’s electricity sector. “And we Nigerians need to understand that we cannot do it overnight, and in addition we have to pay for it,” she said.

“We need to be ready as citizens also, to accept and live with the pain that we have to go through, and allow time as our friends. As Nigerians, often we are the ones that deceive our politicians.
The politicians believe that the only way to go is to promise everything immediately possible. Promise that everything is possible today so that they can get elected.
But when you see that it is not, so we want to give them time and use time as our friends. It is the same story for the power industry. When I tell my friends, that forget any improvement for the next five years, they are scared, but that is the truth.
We need minimum of 5 years to invest before we see results. But very often, because Nigerians are impatient, we start pushing our governments and they start reversing good things they have done in various ways. So we need to be more patient," she added