No end in sight to electricity crisis in Nigeria for now – Senate
House of Senate |
He was reacting to a motion raised by Senator Dino Melaye representing Kogi West Senatorial district over epileptic power supply and exploitative activities of some power distribution companies.
Saddened by the unfortunate development in power industry despite huge resources government had invested, Senate Ben Bruce explained that, “there was no solution in sight,” to the epileptic supply of electricity in the country.
He also pointed that the private investors never envisaged the free fall of the nation’s local currency, a situation he said had contributed to sustained epileptic power supply.
The DISCOs according to Bruce are “technically bankrupt” and as such cannot afford to pay for millions of meters needed for accurate billing system.
“We have a catastrophe in our hands and there will be no electricity in the current arrangement,” he said while asking that Nigeria revisits the entire privatization process.
He also asked the Senate to urge the National Electricity Regulatory Commission to call DISCOS to stop forth with the practice of estimated billing and alive in their regulatory role of protecting electricity customers.
Chairman, Senate Committee on Power, Eyinnaya Abaribe told the senate that a report on the matter is waiting to be laid; requesting it to suspend further debate on the matter until the details of his committee findings is considered.
Meanwhile, all the prayers were sustained.
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