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Nigeria’s electricity grid collapses for the fifth time in 2024

# Nigeria’s recurring issue of power shortages persists as its grid has collapsed for the fifth time this year. The state-owned electricity producer, Transmission Company of Nigeria, reported a fire at one of its power stations, causing widespread power failures yesterday. While power was partially restored, frustrations mounted on social media. Despite a recent 230-percent tariff increase for wealthier consumers, aimed at reducing subsidies worth over 49-billion-rand, the electricity regulator defends the move as crucial for grid stability and attracting investments. Gas shortages and vandalism exacerbate the situation, triggering frequent collapses.