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Epileptic Electricity: FG May Revoke Licences Of DisCos
The Federal Government has threatened to revoke the licences of Distribution Companies over poor power supply.
The Federal Government said this in a statement in Abuja Wednesday by the Minister of Power, Adebayo Adelabu.
Adelabu said the government was worried about inadequate electricity distribution by the DisCos despite the Generation Companies increasing output to 4000MW.
He said he has summoned the chief executive officers of Abuja Electricity Distribution Company, Ibadan Electricity Distribution Company and the Managing Director of the Transmission Company of Nigeria for explanation.
He said: “The Ministry has been exerting pressure on the Generating Companies (GENCOs) to enhance their performance, resulting in a recent increase in generation to over 4000MW.
“Despite this progress, certain distribution companies are failing to adequately distribute the power supplied by TCN, while vandalism of power infrastructure exacerbates the problem in regions such as Abuja, Benin, Port Harcourt, and Ibadan.
“Moving forward, I am committed to holding all distribution companies accountable for their performance.
“Willful non-performance will not be tolerated, and severe consequences, including license revocation, may be imposed.
“Additionally, I have instructed TCN to prioritize repair works on damaged transmission towers and power lines to improve supply in affected regions.
“Plans are underway to settle outstanding debts owed to power generation and gas supply companies, which will alleviate the financial strain and contribute to improved generation levels nationwide.
“I urge electricity consumers to remain patient as we work tirelessly to address these issues and provide better service to all Nigerians.”
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