Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), says corrupt contractors who used substandard equipment are responsible for the frequent collapse of the national grid.
The national grid has collapsed 10 times this year alone; the most recent one was on November 7.
The Transmission Company of Nigeria (TCN) blamed a series of lines and generator tripping as the reason for the instability of the grid.
Adebayo Adelabu, minister of power, said the frequent system failure of the national grid was inevitable due to the outdated infrastructure.
Addressing members of the house of representatives committee on financial crimes during an oversight visit to the headquarters of the EFCC on Tuesday, Olukoyede said the commission is already investigating the power sector.
“As I am talking to you now, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears,” he said.
“People who were awarded contracts to supply electricity equipment, instead of using what they call 9.0 guage, they will go and buy 5.0.
