POLITICS

We Won’t Solve Power Crisis Until Private Sector Takes Over, Says Obasanjo

By Blaze 91.5 FM    |    Nov 11, 2026    |    3 min read

We Won’t Solve Power Crisis Until Private Sector Takes Over, Says Obasanjo

Former President Olusegun Obasanjo has called for greater private sector participation in Nigeria’s energy sector, saying government alone cannot resolve the country’s persistent electricity crisis.

Obasanjo spoke at the Youth Governance Dialogue, themed “African Youth and Renaissance”, held at the Youth Development Centre of the Olusegun Obasanjo Presidential Library in Abeokuta, the Ogun State capital.

He said Nigeria should adopt the model used to transform the telecommunications industry by transferring greater responsibility to private operators, arguing that the country’s electricity challenges would persist without a fundamental change in approach.

The former president described energy as a critical driver of economic growth and national development, lamenting that Nigeria had made insufficient progress in addressing its power challenges.

He, however, expressed optimism that young Nigerians with innovative business and technological ideas could contribute to resolving the crisis, urging them to turn their ideas into practical solutions.

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