To resolve the country’s power crisis, the Federal Government should fast-track the total deregulation of the power sector to motivate investors..
To resolve the country’s power crisis, the Federal Government should fast-track the total deregulation of the power sector to motivate investors into all parts of it to guarantee quality power supply to consumers.
This, he explained, is the only way power Distribution Companies could attract the needed investment that would improve infrastructure. He noted that cost-reflective tariff would have a positive ripple effect on the power Generating Companies . He stated that poor infrastructure was affecting the capacity of the DisCos, the reason many people are not connected to the national grid. He added that out of the nine million registered customers across the 11 DisCos’networks, only half of them have meters.He commended the government’s initiative in allowing private firms provide meters for consumers, saying this has allowed the DisCos to focus primarily on their core business.
The implementation of a new tariff by the DisCos was put on hold, a situation, he said, elongates epileptic power supply.
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