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Power Asset Owners Affirm Support For Improved Power Supply

The Permanent Secretary, (Power), Dr. Godknows Igali has held a crucial meeting with Chairmen of Distribution Companies (Discos) across the country. The meeting was a platform to review activities of the distribution chain in electricity supply.
Participants at the meeting commended themselves for the gradual increase and stability experienced in the power sector in recent times.
Speaking at the meeting, Ambassador Igali stated that the current electricity supply stands at 4,545MW, this is a marginal increase over 4,517MW recorded on 12th June, 2015. He also said no system collapse has been recorded.
He also said that this feat has been made possible because, security agencies have been able to reduce the menace of vandalism of pipelines carrying gas to the various thermal plants.
 Amb. Igali however appealed to the DISCO owners to support President Muhammadu Buhari’s pledge to improve power supply nation-wide by massive investment on upgrade of their systems and networks.
Ernest Orji of EKO Disco who spoke on behalf of the owners pledged their support for the Buhari administration stressing however that government should assist them in closing gaps that were not envisaged when they were acquiring the assets, so as to reduce the bashing on the Discos from the public.
“We are the ones that have direct interaction with the public hence everyone heaps blame on us”, he said.
Orji also identified some of the gaps to include non cost reflective  tariff, losses at take-over, less power produced which has been envisaged to be in excess of 7,000MW, stressing that the expected lower energy cost cannot be achieved as “we are still struggling with a little above 4,000MW”.
He also hinted that “large investment in distribution network is still a mirage as the goal-post keeps moving; it is scary, as many of us cannot meet payment obligations to market operators”.
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