Gbajabiamila, Speaker of the House of Representatives last night regretted the current poor power supply, declaring that making life more miserable for Nigerians who were on lockdown over the coronavirus pandemic was unacceptable.
Femi Gbajabiamila’s reaction followed a protest by a Nollywood actress, Ada Ameh of lack of power supply in most Nigerian homes. Amen had in a video that had gone viral on social media called on the government’s intervention to the situation.
The House Minority Leader, Rep. Ndudi Elumelu; and Deputy Minority Whip, Rep. Adesegun Adekoya were also at the meeting.
While NERC was represented by its Commissioner on Compliance, Safe Akpeneye, the Finance Minister, Zainab Ahmed; Central Bank of Nigeria (CBN) Governor, Godwin Emefiele; and the Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Mr Mele Kyari joined the meeting via the virtual connection.
“The complaints have just been too much in the last 24 hours. There are people also in the hospital now without electricity; we need to brainstorm over an urgent solution”.
“So, the GENCOs are facing technical and revenue shortfall. Consequently, they can’t as well meet their financial obligations to gas companies.
The Discos also pay less of their generated revenue to GENCOs, because they complain about power theft by consumers, high technical costs, etc. “The sum of N130 billion is what the government gives GENCOs to augment the shortfall of payments not fulfilled by Discos.
We still have about N1.2 trillion payment shortfall in all. I have been begging the gas suppliers to please, in the interest of Nigerians, release gas to the GENCOs. The shortfalls are accruals from the problem of estimated billing, non-payment of bills by estimated customers, etc.
“What the NASS can do is to plead with CBN to help with funds to enable the Federal Government to augment the revenue shortfall to enable government pay gas companies and thereafter bring all the critical stakeholders to a table,”, the power minister said.
In his contribution, the NERC Commissioner on Compliance, Mr Akpaneye, assured the Speaker Gbajabiamila and the leadership of the House that the commission is committing the Discos to a new guideline that shows empathy with Nigerians during this coronavirous lockdown.
We know the demand for this power during this lockdown is for residential, since most industries are on lockdown, so we are going to release a new guideline and sanction electricity companies that can’t show empathy during this period.”
The Minister of Fina Ahmed and the CBN, Emefiele, in their various contributions, gave accounts of complications arising from the non-fulfilment of financial obligations by the electricity stakeholders but assured of interventions in the interest of Nigerians who are observing the lockdown order.
The stakeholders however assured the leadership of the House of their commitment to ensuring improved power supply. The meeting is expected to reconvene in the next few days to find lasting solutions to the challenges in the power sector. Urhobo daily