The Federal Government, under President Bola Ahmed Tinubu’s administration, has directed the Nigerian Electricity Regulatory Commission (NERC) to withdraw licenses of non-performing electricity distribution companies (DISCOs).
Minister of Power, Adebayo Adelabu, gave the directive during a meeting with Heads of Power Agencies and other stakeholders in the industry. He accused the DisCos of failing to improve supply despite the availability of power on the national grid.
Adelabu charged NERC to find creative ways to compel the DisCos to enhance supply, including imposing stiff sanctions and outright license cancellations. He emphasized the need to restructure the DisCos into smaller entities, with each covering only one state.
He stated, “Distribution is our weakest point… If we don’t get distribution right, to Nigerians, we’re not doing anything. So, efforts need to be put on this… We must intensify our efforts in ensuring that we address all issues relating to distribution.”
Adelabu highlighted the importance of short-term solutions to the ongoing crisis while long-term policies are being finalized. He reiterated that non-performance of DisCos in providing consistent power supply could lead to license revocation.
The Minister emphasized that DisCos must be willing to pick up 90-99 percent of the allocated load. He stressed that their refusal to do so would be grounds for license revocation.
God Abeg
Make dem sha do Wetin go favor everybody
Huhmmm make he do Wetin go favor everyone oo with all the cost of things God will help him
We pray favour speaks, the country needs God’s intervention this time.
Big intervention. Playing politics with electricity.
May God help us in this country.