innovation and growth stifled by over-regulation-update
In Nigeria—a nation celebrated for its vast oil wealth yet marred by systemic challenges—the energy sector finds itself caught in the vice-like grip of excessive government control. While regulatory oversight is designed to ensure fairness, safety, and sustainable resource management, many industry experts assert that over-regulation has inadvertently throttled Nigeria’s energy potential, curbing investment, innovation, and ultimately, growth.
Power Struggles: How Over-Regulation is Dimming South Africa’s Energy Future
South Africa, a nation endowed with abundant sunshine and wind, paradoxically faces an energy crisis marked by chronic blackouts and economic stagnation. At the heart of this crisis lies a labyrinth of regulatory hurdles that have stifled innovation, deterred investment, and entrenched reliance on coal. This article explores how over-regulation has compounded South Africa's energy woes, impacting its economy, environment, and society.