Business
Nigerian Power Minister calls for better performance from electricity companies
The Minister of Power, Mr Adebayo Adelabu has called on the Generating companies (GENCOs) and the Distribution companies (DISCOs), to improve their performance to improve electricity.
Mr. Bolaji Tunji, Special Adviser, Strategic Communication and Media Relations to the Minister said this in a statement on Saturday.
Tunji said that the minister made this call while meeting with the management teams of GenCos and DisCos in Abuja.
He quoted the minister as saying that the meeting was aimed at finding a lasting solution to the challenges in the power sector that had affected the growth and development of the country’s economy.
Adelabu said that meeting with all the stakeholders in the generating, transmitting, and distribution value chain would be adopted as a regular one to constantly review developments in the power sector.
He described the gathering as the most authentic way of getting valuable information on the challenges faced by the operators as opposed to speculations.
Adelabu urged the operators to synergize for the success of the power industry, adding that the work at hand cannot be carried out by one person.
The minister solicited the support of the stakeholders to forge a ‘practical solution beyond theory.’
According to him, the cooperation of the managing directors of the generating and distribution companies across the country will make an impact in the sector.
He said,
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