Friday, March 2, 2007

Corruption cripples and we know it

This caught my eye, right in the middle of my Yahoo login

Corruption leaves Nigeria in the dark


For the vast majority of Nigeria's 140 million people who don't have the
means to provide their own juice, that means added din and filth and lives in
near-perpetual gloom, illuminated only when the power grid flickers
on

Despite low labor costs, Nigeria has little manufacturing due to the high price
of energy, among other factors. Across Lagos, Nigerians blame their notoriously corrupt government for the electricity problems, saying their leaders steal funds earmarked for the country's generators. The government acknowledges problems and says it's increasing generating capacity, but maintains nonpayment of bills, pilfering of power lines and tapping of fuel pipelines are also contributing factors.

In 1979, Nigeria had 79 generating stations. Twenty years later, after a series of ruinous military governments, only 15 were working, producing 1,500 megawatts of power. The government hopes to increase that nearly 100-fold within 25 years.








Want to know Malaysia's oil production ? Click here. Nigeria's oil production is three times Malaysia's, and yet the country is almost in an energy crisis.

Corruption cripples, long story short.



1 comment:

Crankster said...

Such a shame isn't it, SM?

If we don't fight for change I can foresee Malaysia coming to this.