Fg spends over n2 7 trillion on power sector

It seems like you're referring to a news article or a report that states that the Federal Government of Nigeria has spent over N2.7 trillion on the power sector.

To provide more context and insights, here are a few points to consider:

1. The power sector in Nigeria has been plagued by numerous challenges, including inadequate generation capacity, transmission and distribution infrastructure, and high levels of technical and commercial losses. As a result, the sector has struggled to meet the country's growing energy demands.
2. The Federal Government has been investing heavily in the power sector to address these challenges and improve the overall performance of the sector. The N2.7 trillion spent on the power sector is likely to have been used to finance various projects and initiatives aimed at increasing power generation, transmission, and distribution capacity.
3. Some of the key projects and initiatives that the Federal Government has undertaken in the power sector include the construction of new power plants, the rehabilitation of existing ones, and the expansion of transmission and distribution infrastructure. The government has also been working to improve the efficiency and effectiveness of the sector through the implementation of policies and regulations aimed at promoting private sector participation and reducing corruption.
4. Despite the significant investment in the power sector, Nigeria still faces significant challenges in terms of power supply and access. The country's power generation capacity is still below its peak demand, and many households and businesses continue to experience frequent and prolonged power outages.
5. To address these challenges, the Federal Government has been exploring alternative sources of power, including renewable energy sources such as solar and wind power. The government has also been working to improve the efficiency and effectiveness of the sector through the implementation of policies and regulations aimed at promoting private sector participation and reducing corruption.

Overall, the N2.7 trillion spent on the power sector is a significant investment aimed at addressing the sector's numerous challenges and improving the overall performance of the sector. However, more needs to be done to address the sector's underlying issues and ensure that Nigeria's power sector is able to meet the country's growing energy demands.