National grid collapse: Sowore calls Atiku into question

The convener of #RevolutionNow and presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has chided the presidential candidate of the People Democratic Party, Abubakar Atiku, for pretending to care for the country's power sector.

Atiku on Wednesday reacted on his verified twitter page to the reported collapsed of the national grid and giving a tip of what could be done to revamp the incessant collapse of the sector.

In a series of tweets, Atiku wrote:

"I am reliably informed that there was a total National Grid Collapse at precisely 12:23pm today. This is one collapse too many. It is the 6th time this is happening this year alone.

"Due to the priority that I place on the power sector upon which the successes of other sectors are hinged, I am proposing innovative financing of infrastructure that will involve the facilitation of a review of the financial, legal, and regulatory environment.

"To promote private investment in power, among other sectors.

"I’ll promote the incentivisation, with tax breaks, a consortium of private sector institutions to establish an Infrastructure Debt Fund (IDF) to primarily mobilise domestic and international private resources for the financing and delivery of large infrastructure projects.

"In addition, I’ll cause the creation of an Infrastructure Development Credit Guarantee Agency to complement the operation of the IDF by de-risking investments in infrastructure to build investor confidence in taking risks and investing capital. -AA."

Reacting to this, Sowore wrote, "The National Electrical grid collapse started when you and Obasanjo invested $16 billion to procure darkness for Nigeria, the @MBuhari regime came to gazette grid collapse as a law. Alhaji @atiku, don't pretend that you care about the National Grid! #WeCantContinueLikeThis"