Nigerian Government Declares DisCos as Unsuccessful, Five Years after Privatization

The Nigerian Government has said distribution companies in the country have failed to meet the performance agreements signed by them during the privatization of the power sector in the country five years ago.

The verdict was declared by the Nigerian Electricity Regulatory Commission, Niger Delta Power Holding Company and Bureau of Public Enterprises, insisting that power distributors had defaulted on several agreements since they took over the power assets on November 1, 2013.

The Managing Director, NDPHC, Chiedu Ugbo, while speaking at the Nextier Power Dialogue in Abuja, said that while power generation had recorded a huge success since the sector was privatized, distribution had not been impressive.

He said:“On average you can say generation is a huge success. However, because Nigerians don’t have electricity the way they intended if you use generation and distribution, they say it is below expectation. But with generation standing alone, is in my view, a success.

“For the distribution companies, they have performance targets in terms of the ATC&C (Average Technical, Commercial and Collection) loss reduction, in the number of connections they have to do, number of metering they ought to do and some others within this five-year period.”

Continuing, the NDPHC boss said: “Now have they reduced their technical, commercial and collection losses? We all know the answer, because I’ve been doing distribution expansion and rehabilitation work since I took over at the NDPHC but that is what they are supposed to do.

“However, we’ve spent all of our resources doing that for distribution companies which is through government intervention. So I don’t think they’ve met that. Have they done the metering? I think they were supposed to meter about 1.7 million customers, have they done that? These are facts and figures.

“Also, have they done the required expansion work for distribution across the country? Why haven’t they done these things? What does the agreement say? I know they often talk about a cost reflective tariff, but it is not just a figure you pick in the air. There are a number of factors inbuilt in it.”

Source: Ripples

en

SOURCE :The Nigerian Voice (local news)

26 thoughts on “Nigerian Government Declares DisCos as Unsuccessful, Five Years after Privatization

  • 15th September 2020 at 3:19 pm
    Permalink

    MAKE AMERICA GREAT AGAIN! TRUMP 2020https://rockfishlax.com/library/index.php/User:UVXGeorgiaSUPPORT POLICE BRUTALITY AGAINST NASTY BLACKS. BLUE LIVES MATTER MORE!

    Reply
  • 18th November 2020 at 3:59 am
    Permalink

    Unquestionably believe that which you said.
    Your favorite reason seemed to be on the internet the simplest
    thing to be aware of. I say to you, I definitely get annoyed
    while people think about worries that they just do not know about.
    You managed to hit the nail upon the top as well as defined out the whole thing without having side-effects , people
    can take a signal. Will likely be back to get more. Thanks

    Reply
  • 24th December 2020 at 7:07 pm
    Permalink

    My friend first found your blog on Google and she referred your blog to me.`’;\’;

    Reply
  • 26th December 2020 at 8:04 pm
    Permalink

    Thank you for another fantastic blog. Where else might one get that sort of knowledge written in such a perfect way? I actually have a presentation that i’m presently acting on, and i are yearning for such info instead.

    Reply
  • 27th December 2020 at 12:20 am
    Permalink

    Thanks for another excellent post. Where else could anybody get that type of information in such an ideal way of writing? I’ve a presentation next week, and I am on the look for such information.

    Reply
  • 27th December 2020 at 6:43 pm
    Permalink

    our bedding collections consists of beddings that come from new york and this are great bedding collections’

    Reply
  • 28th December 2020 at 10:44 pm
    Permalink

    Aw, i thought this was a very nice post. In idea I must place in writing this way moreover – spending time and actual effort to manufacture a top notch article… but exactly what can I say… I procrastinate alot through no means often get something carried out.

    Reply
  • 29th December 2020 at 6:55 am
    Permalink

    Thanks for the great post on your blog, it really gives me an insight on this topic.:*;:~

    Reply
  • 29th December 2020 at 5:16 pm
    Permalink

    I loved as much as you’ll receive carried out right here. The sketch is tasteful, your authored subject matter stylish. nonetheless, you command get bought an shakiness over that you wish be delivering the following. unwell unquestionably come more formerly again since exactly the same nearly very often inside case you shield this increase.

    Reply
  • 30th December 2020 at 9:29 pm
    Permalink

    Some times its a pain in the ass to read what people wrote but this site is very user pleasant!

    Reply
  • 31st December 2020 at 6:54 pm
    Permalink

    I recognize there’s lots of spam on this website. Do you need help cleansing them up? I may help among courses!

    Reply
  • 1st January 2021 at 8:51 pm
    Permalink

    I think this is among the most significant information for me. And i am glad reading your article. But want to remark on some general things, The web site style is perfect, the articles is really nice : D. Good job, cheers

    Reply
  • 2nd January 2021 at 2:48 am
    Permalink

    dj equipments that are built by Sennheiser are the best in my opinion, we always use them when we have a gig::

    Reply
  • 3rd January 2021 at 11:26 pm
    Permalink

    Hey there! Would you mind if I share your blog with my twitter group? There’s a lot of folks that I think would really enjoy your content. Please let me know. Thanks

    Reply
  • 10th May 2021 at 12:50 pm
    Permalink

    Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. Second life is literally my second life (pun intended lol). If you want to see more you can see these Second Life websites and blogs

    Reply
  • 24th June 2021 at 1:43 am
    Permalink

    Just desire to say your article is as astounding. The clearness in your post is just great and i can assume you are an expert on this subject. Fine with your permission allow me to grab your feed to keep updated with forthcoming post. Thanks a million and please keep up the enjoyable work.

    Reply

Leave a Reply

Your email address will not be published.