Nigeria, March 29 -- The chairman of Geregu Power Plc, Femi Otedola, has said that Nigeria's perennial power shortage is a product of a lack of resolve by past governments to prioritise and tackle power challenges.

The businessman made this known while speaking at the closing gong event of the Nigerian Exchange on Tuesday.

"Aliko (Dangote), an individual, has built 2000 megawatts of power for his cement plant, his fertiliser plant, his refinery and a country, since I have been born, only 5000 megawatts," Mr Otedola said.

"So, it's appalling, disheartening that all the successive governments have failed in this regard. But I believe we are now at a stage that the power sector will get a lot of attention and priority."

Mr Otedola stated...