Again, National Grid Collapses as US Billionaire’s Firm Offers to Fix Nigeria’s Power Issues [Video]

• For the 10th time in 2024 and the 2nd time in days, the national grid has collapsed, plunging several parts of the country into darkness
• Electricity companies announced the collapse in messages posted to their social media accounts for customers
• This comes as a consortium backed by the world’s second-richest man, Jeff Bezos, offered a ray of hope for Nigerians with plans to invest in the country’s power

Dave Ibemere, a journalist at Legit.ng, has been reporting on business for over ten years. He has deep knowledge of the Nigerian economy, stock market, and general market trends.

The national grid has collapsed for the second time in three days, leading to blackouts in several parts of the country.

Data from the Nigerian System Operator’s portal (niggrid.org) showed that power generation hit zero megawatts at 11.30am.

Electricity companies inform customers of another grid collapse

Some electricity distribution companieshave …