Sixty two years after the Electricity Corporation of Nigeria (ECN), the forebear of today's Power Holding Company of Nigeria (PHCN) was established, Nigeria's electricity industry has largely remained undeveloped and unable to attract the much desired investment to the sector. It is 52 years of political independence for a country whose population has more than doubled. But the power need versus the population increase have been in opposite directions.
The Electricity Corp-oration of Nigeria (ECN) was the precursor of the National Electric Power Authority (NEPA) which came into being in 1951.
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