The Eko Electricity Distribution Company of Power Holding Company Nigeria (PHCN) on Tuesday, announced it had spent over N2 billion on reinforcing and maintaining its network this year.

Speaking to journalists in Lagos, the Chief Executive Officer of the zone, Oladele Amoda, said over N500 million was spent to replace obsolete 33 KVA and 11 KVA switch gears in some parts of the state.

According to him, such replacements were made in many injection substations in Festac, Satellite, Amuwo, Ademola, Beckley, Orile, Coker, Lekki, and Oke-lra Kekere, among others.

"Another N750 million was spent to construct additional 500KVA/300KVA distribution transformers installed to reinforce the network," he said.

He added that the project would boost the country's power sector, acknowledging the financial support of the Ministry of Power.

Amoda also said that 17 Nigeria Independent Power Projects (NIPP) in the zone would be completed by the end of the year, adding that ten had already been completed and inaugurated.

He said about 28,000 pre-paid meters, single and three-phase, were installed in the last six months, while 50 KVA transformers had been distributed to various NIPP projects.

Meanwhile, a resident, Gbenga Fabowale, said there was nothing to justify the huge spending going into the country's power sector.

"We still don't have good light; all we hear is that they have spent money on this and that, but nothing to show for it," he said.

Amoda also said that 17 Nigeria Independent Power Projects (NIPP) in the zone would be completed by the end of the year, adding that ten had already been completed and inaugurated

Billyonaire: There has not been improvement in supply except, I am always sure of electricity from 11pm to 7am daily of late.

jpcomrade: if somebody could spent 900 billion naira to further worsened power supply in the country, that means 2 billion naira will kill it off completely.

GboyegaD: This is a topic we should expect to read many lies on.

jmslimx: Test by Moon light... Omo make moon shine make person see light.... 2Billion is enough to create a power station that would serve the whole of western state.. Make them dey lie ..

GOD DEY SEE UNA

jmaine:

Why, cos there are positive feedbacks so far even though still a long shot from what is expected

GboyegaD: This is a topic we should expect to read many lies on.