By ABAH ADAH, Abuja
The federal government has approved N39 billion loan to Electricity Distribution Companies (DISCOs) for the supply of meters, Minister of Power, Works and Housing, Babatunde Fashola, has disclosed.
The minister made the disclosure on Monday in Kano at the 18th Monthly Power Sector Stakeholders Meeting hosted by Kano Electricity Distribution Company (KEDCO).
He said the gesture was part of power sector recovery programme of the government aimed at ensuring uninterrupted power generation and distribution.
He added that it was also aimed at ensuring that every consumer of electricity is provided with a meter.
“It is also aimed at ending the series of complaints by consumers who applied for meter but were not supplied at the appropriate time,’’ he said.
The minister explained that the successful implementation of the power sector recovery programme would assist in resolving the conflict between distributors and consumers over tariff collection.
Mr. Fashola said power generation improved tremendously in 2017 to 6, 863 megawatts compared to 2016.
He attributed the reason for the increase to government’s efforts to end rampant vandalism of gas pipelines.
“With this development, we have also noticed increase in the distribution of electricity to consumers across the country.’’
Mr. Fashola said presently, the Federal Government is generating electricity beyond the carrying capacity of distribution companies, “which is a serious challenge to our efforts.’’
“It is a serious problem that the distribution companies do not have enough carrying capacity to accommodate more of the generated electricity due to one reason or the other,” he said.
He said that government had embarked on several projects to expand transmission capacity and distribution of power in the country.
In his remarks, the Chief Operating Officer of KEDCO, Raul Zing, said the company had spent over N200 million for the construction of power sub-station at Dakata, in Nasarawa Local Government Area.
He said the sub-station, which was commissioned by the Minister, would create 100 small scale industries and supply electricity to over 10,000 houses in the area.
- RE: Professionalism On The Altar Of Brown Envelope, The Need For Self-Censorship
- Anti-Corruption Clubs Meant To Prevent Corrupt Practices Among Students, ICPC Official Says
- Until We Restructure Nigeria, It Won’t Grow – Prince Momoh
- Reps Speakership And The Olatubosun Challenge
- News Of Non-payment Of Salaries In Kogi Fake – Oseni
Until We Restructure Nigeria, It Won’t Grow – Prince Momoh
Former Minister of Information, Prince Anthony Suleiman Momoh, in this interview with journalists in Abuja to mark his 80th birthday...
Women Ministry Advocates Against Upsurge Of Substance Abuse In Children
Last year’s directive by the minister of Health, Professor Isaac Adewole, banning the sale of Codeine containing cough syrups without...
Nigerian Navy: Tackling Piracy, Crime In Gulf Of Guinea
In this report, TARKAA DAVID looks at Nigerian Navy’s efforts in ensuring security in the Gulf of Guinea. The maritime...
NDE’s Job Creation Drive Targets More Women, Youths
Despite the plethora of intervention scheme introduced by successive administrations in the country to tackle youth unemployment, the menace continues...
As Cases Involving Rape Of Minors Increase
Sudden increase in rape cases involving minors in recent time, has become worrisome, to say the least. This situation, many...
The Role Of Religion In Conscience Formation And Its Effect On Society
It is a known truth that conscience is the moral domain of every human being. It serves as our first...
COVER STORIES8 hours ago
Justice Bulkachuwa And Other Judges Married To Politicians
AGRICULTURE22 hours ago
Kano Govt. Secures $95m Agriculture Loan
BUSINESS22 hours ago
US Crackdown On Huawei Typical Economic Bullying – Minister
ENTERTAINMENT24 hours ago
Tonto Dikeh Signs N100m Deal With Zikel Cosmetics
SPORTS22 hours ago
Anticipation Grows Ahead Of Federer’s Return To Paris
NEWS22 hours ago
Osinbajo Presides Over Valedictory NEC Meeting
NEWS18 hours ago
Fayemi Deserves To Be NGF Chairman — Fayose
ENTERTAINMENT24 hours ago
Rema’s ‘Dumebi’ Video Under Scrutiny, Stirs Debate