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Minister of Power summons AEDC, IBEDC, TCN over unstable electricity supply

Credible News by Credible News
March 6, 2024
in Economy, Human Interest, News
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Minister of Power summons AEDC, IBEDC, TCN over unstable electricity supply
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The persistent challenges with electricity supply across the nation have prompted the Minister of Power, Bayo Adelabu, to summon the Chief Executives of Abuja Electricity Distribution Company, AEDC, Ibadan Electricity Distribution Company, IBEDC; and the Managing Director of Transmission Company of Nigeria, TCN, to a pivotal meeting.

Weeks earlier, Adelabu had pinpointed the root causes of the ongoing power outages, citing a shortage of gas supply to electricity generation companies and outstanding debts owed to producers.

On his verified X page on Wednesday, March 6, Adelabu said: “as the Minister of Power, I am deeply concerned about the deteriorating electricity supply across the country.

“In response to this pressing issue, I have summoned the Chief Executives of Abuja Electricity Distribution Company and Ibadan Electricity Distribution Company, as well as the Managing Director of the Transmission Company of Nigeria, to a crucial meeting.

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“The purpose of this meeting is to discuss the worsening power supply in their respective regions and to collectively find lasting solutions.

“It is disheartening to witness the decline in power supply despite the concerted efforts to improve the situation. 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.”

Adelabu offered reassurance to Nigerians, stating that measures are being taken to address these challenges, leading to a gradual increase in the availability of electricity across the nation.

He added: “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 work on damaged transmission towers and power lines to improve supply in affected regions.

“During recent supervisory visits to power-generating plants, I have witnessed firsthand the challenges faced by the sector.

“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.”

Tags: AEDCBayo AdelabuCredible Newselectricity supplyIBEDCMinister of PowerNewsTCNTrending news
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