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Group Advocates Nationalisation of Power Sector

Group Advocates Nationalisation of Power Sector

Posted By Admin    on 16th Mar 2018   

A Civil Society Organisation under the Coalition for Affordable and Regular Electricity (CARE) has advocated the need for the Federal government to nationalize the nation’s power sector in order to make it work.

Its National Coordinator, Chinedu Bosah, also urged the government to invest massively in the sector and introduce open and transparent management that will require that workers and the general public through their elected representatives forestall corrupt practices

Bosah, who spoke in Lagos recently expressed disgust over the frequent power collapse, shows that the country’s power infrastructure is still not in order despite investing over $20billion in the power sector since 2003.

‘’This investment has not yielded more than 4000MW which explains why the sector is neck deep into corruption,’’ he added.

According to him, the epileptic power supply in the country has made life unbearable for Nigerians, while businesses are closing shops or relocating out of Nigeria.

‘’This development no doubt has brought about massive job losses, affected the productivity of many Nigerians and has even worsened the rate of poverty. The private sector companies and their cronies in government have failed.

‘’It is crystal clear that the private power companies have failed despite the hundreds of billions of bailout given to them by the Federal government in the last three years. The power companies failed more fundamentally because they lack the capital, capacity and the interest to meet the electricity needs of Nigerians’’

Meanwhile, Eko Electricity Distribution Company (EKEDC) Plc has reiterated its plans to commence prosecution of illegal connection of energy customers within its network.

Mr. Adeoye Fadeyibi, the Chief Executive Officer of the company, who at a forum on how the company could improve its service delivery.

He lamented that there had been a high rate of energy theft and non-payment of bills by customers within its network.

He condemned the act while saying that the essence of the customer forum was to inform the customers about the company’s service as well as the huge amount loss to energy theft.

Fadebiyi warned all customers to desist from energy theft, adding that the company would not hesitate to prosecute and jail those caught in the act.

He added that the forum was designed to enlighten customers on the negative implication of energy theft while listening to their problems and complaints.

“People go to our substations and vandalize cables, damage transformers, looking for transformer oil. In some cases, those illiterate ones think there is mercury in the transformer and destroy it, and we are losing a lot of money.

“Apart from vandals, we have meters being bypassed. When you look at all these losses, the cost is enormous.
“`We lose millions of naira monthly to vandalism and theft of our equipment.
He added that the forum also aimed at getting customers’ view on strategic solutions to the problems.

“It has also come to our notice that some people have been illegally connecting to our energy.

“It is on this note that EKEDC is warning all those engaging in energy theft to desist from doing so. Whoever is caught doing so would be prosecuted and jailed,’’ he said.

Fadeyibi said that the company had embarked on massive metering within its network but was challenged due to lack fund, which slowed down the schemes.

He explained that it was not possible for all customers to be metered at the same time since the cost involved in purchasing meters was huge.

He said his company had embarked on an energy audit and customer enumeration programme to ensure a just and fair assessment of customers’ consumption.

Source: Independent Nigeria

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