₦airaland Forum

Lagos – Dr Atiku Abubakar, Managing Director,
Transmission Company of Nigeria (TCN), on
Sunday said that about 130 power transmission
projects have been abandoned across the
country since 2002 due to inadequate funds to
execute them. Abubakar disclosed this at the electricity
customers’ forum organised by the Eko Electricity
Distribution Plc., in Lagos.
He said that the incumbent administration would
ensure the execution of the projects with a view
to enabling the power sector add value to the lives of Nigerians. He said the Omotosho/Egbin 330/11 KVA line ,
which is one of the projects, would be given
priority attention in the 2017 budget.
“We have the capacity to generate 7, 500
megawatts of electricity but we are faced with
issues of gas challenge. “The country power generation hovers between
3,000 megawatts and 3,300 megawatts due to
challenge caused by inadequate gas supply,’’ he
said.
Abubakar, however, regretted that the
development could not be attained now causing generation to shrink to about 300 megawatts
due to gas constraint in the country.
According to him, the incumbent government is
determined to turn the challenges to
opportunities which would spur the growth of
the sector. In his remarks, the chairman, House of
Representatives Committee on Power, Mr Daniel
Asuquo, emphasised that the lower chamber was
cooperating with the Federal Government to
ensure the growth of the nation’s power sector.
Asuquo commended the new owners of Eko Electricity Distribution Company on the initiatives
taken to improve the quantity, quality and
reliability of power supply to its customers within
its network despite the shortfall in power
allocation from the national grid.
He said the initiative by the company to source supplementary power through embedded
generation options would guarantee greater
stability of supply. Asuquo said it would also reduce the DISCO’s
Aggregate Technical, Commercial and Collections
Loss, ATC&C; he said and urged the company to
improve on its metering system. He said that Eko Electricity Distribution had
mopped up excess power from existing captive
generation within its licence area and entered
into bilateral agreements with Independent
Power Providers for power generation. This, he said, had enhanced quality service
delivery to its customers, adding that the firm
should improve on its metering of customers. He said that the embedded generation options
being explored by the DISCO would not only
improve revenue collection efficiency, it would
improve its distribution network and overall
performance through the initiative. The Head, Consumer Affairs, Nigerian Electricity
Regulatory Commission (NERC), Mr Hardley Blue-
Jack, assured the agency’s customers of its desire
to make the power sector works through
appropriate regulations which should be strictly
adhered to by both service providers in the sector and the consumers. Also speaking, the Managing Director of Eko
Electricity Plc, Mr Oladele Amoda, said that there
was no visible investment in the power sector 30
years before selling the assets of the successor
companies of the defunct Power Holding
Company of Nigeria (PHCN) to private sector. He also said 70 per cent of the assets were in
dilapidated form when the assets were sold in
2013, adding that investors had actually spurred
the growth of the sector hitherto in spite of the
liquidity challenge. He said his company was desirous of giving its
best to the customers with a view to satisfying
them and providing value addition services.
Amoda added that the company had in the last
three years metered substantial number of its
customers. He said it had also placed order for five hundred
transformers in order to ensure steady supply of
electricity to customers during the Yuletide.
(NAN)www.vanguardngr.com/2016/12/serap-drags-senate-un-says-allegations-magu-politically-motivated-2/

Hmmmmm

What a country!

The useless present government has nothing tangible to offer on electricity.

Fix it and stop making noise

juman:
Hmmmmm

What a country!

The useless present government has nothing tangible to offer on electricity.

read through pls b4 u comment it mks u look dumb

Dr Atiku Abubakar, Managing Director,
Transmission Company of Nigeria (TCN), on
Sunday said that about 130 power transmission
projects have been abandoned across the
country since 2002 due to inadequate funds to
execute them.

CHAI

wexyee:
read through pls b4 u comment it mks u look dumb

Its nothing but noise making.

There was a country.

juman:
Its nothing but noise making.

SMH for u .... So is there anything on the title that points to this present administration?

These shows the extent of the dumbness of this govt. Why telling us why not fix it. Dumb govt and dumb fashola

What matters is what they achieve at the end of the day, but what do you expect from people who pay too much attention on blame game? I believe Nigerians are seeing this present government for what it is; A bad workman who constantly blames his tools, Incompetence personified!!!

Since 2002? And you left power in 2007. No be una siphon the money?

So?

Ok

ok

Privatization may seems to be the way out of this quagmire.....as someone as rightly said up there....TCN should be unbundled.

wexyee:
SMH for u .... So is there anything on the title that points to this present administration?

Use your sense.

They are incharge now. Everything is on their shoulders despite they are clueless people.

Why exposing what you'ld be crucified with later?

News reporter where is the rocket scientist?

This breed of wretches who do they now expect to fix this and make electricity available biko nu?

---

2002 So why this excuse now? Buhari never cease to find excuse. In other words buhari and Fashola can't fix electricity for Happney65 and his pple. Meanwhile some pple somewhere are suffering for these excuses in form of abuses and curses from the consumers to some pple. Okay; it's well

Lawmakers are part of our problem . . .

juman:
Hmmmmm

What a country!

The useless present government has nothing tangible to offer on electricity.

my dear u just spoke my mind

sarrki:
Fix it and stop making noise

Tell your people to stop sabotaging the gas pipelines in your own interest and theirs too instead of coming here to talk trash.

Sighs!

And obj spent $16 BILLION on power. Nigeria is finished.

dearnony55:
my dear u just spoke my mind

So we have to stand up against the clueless government so that they stand firm and perform well.

Glocks:
And obj spent $16 BILLION on power. Nigeria is finished.

Obj just wasted money, when he was about to leave aso rock he "dashed" many people so much big money as a cover up for his misdeeds during his presidency.

One can call the money dashing as please let me live.

What I remember of this was Obasanjo gave out contracts for this huge sums of dollars. When Yaradua came he set up committees to review progress. We saw on national tv that most of the projects were just forests with no structure. Even though projects had been funded. Good luck did not continue this investigation when Yaradua died.

By the way same was true for the TAM for the refineries where it was discovered that monies paid for maintenance was enough to have built new refineries yet the refineries were still not functional. Some big people got paid.

veekid:

---

2002 So why this excuse now? Buhari never cease to find excuse. In other words buhari and Fashola can't fix electricity for Happney65 and his pple. Meanwhile some pple somewhere are suffering for these excuses in form of abuses and curses from the consumers to some pple. Okay; it's well

You mean some people are cursing nepa abi?ohh sorry IBEDC....Aahahahahahahahahaha