The nation’s national grid, operated from the capital of the State of Osun collapsed this morning plunging the country into total darkness.
Eleven distribution companies which supply the 36 states of the federation and the Federal Capital Territory ran out of supply when the grid collapsed on Monday morning.
The electricity situation in the country has been in its worst moment since the past months as generation capacity dropped to 2,000 megawatts with about 14 power plants shutting down.
This is not the first time the grid will be collapsing. Since 2013 when the sector was privatised, the grid has failed electricity consumers more than 130 times.
Although the Federal Government-owned Transmission Company of Nigeria (TCN), which manages the grid had at some point said grid collapse happen globally, the collapse of the power supply, each time it occurs, comes with a huge economic loss for consumers, especially commercial entities.