As many Nigerians clamour for pre-paid meters, the Nigerian Electricity Regulatory Commission says about 980,000 electricity consumers have so far been metered across the country, under the Phase Zero of the scheme.
This was contained in a Review of Power Sector in 2021 report published by the News Agency of Nigeria on Monday.
In the second phase of the scheme, which is billed to begin in the first quarter of 2022, NERC pointed out that about four million meters will be supplied strictly by local manufacturers.
The Chairman, Momas Electricity Meter Manufacturing Company, Kola Balogun, revealed that the second phase could create 500,000 jobs for Nigerians through local manufacturing and installation of prepaid meters.
Balogun said: “The President Muhammadu Buhari administration must be commended for initiating the NMMP because there is an urgent need to bridge the metering gap in the power sector.
“I want to appreciate the government because the intervention that came to manufacturers under the phase zero was a huge success.
“It gave manufacturers the opportunity to have a tested process in place to know their capabilities and capacities and what they can give to the market.
READ ALSO:
“The volume given to us was tested against the equipment, manpower and why we need to upscale further.”
Recall that in May 2021, the Federal Government announced that it was planning to sell five power Generation Companies to investors through the Bureau of Public Enterprises.
The bidding processes for the GenCos, which are part of the National Integrated Power Project, have already commenced.
Then, the NIPP projects being considered for sale were: Geregu Generation Company Limited with installed capacity at ISO condition of 506 Megawatt; Benin (Ihovbor) Generation Company Limited with 507 MW; and Calabar Generation Limited with 634MW.
Others were Omotosho Generation Limited, with 513MW; and Olorunsogo Generation Company Limited, with 754MW.
The National Coordinator, All Electricity Consumers Protection Forum, Adeola Samuel-Ilori, while sharing his views on the development, noted that while the BPE had directed that the bidders must not only have prior experience in power generation, the government must also ensure that they adhere to the requirements.
Samuel-Ilori said: “We don’t want it to be mere rhetorics as we have seen in the sales of critical national assets in the past; particularly in the same power sector.
“For us, as electricity consumer group, we can only support the selling of these power plants to investors that have both technical and financial competence.
“Anything short of that will not be good for the Nigerian Electricity Supply Industry and will further put more electricity consumers in darkness.”
Perhaps in a move to revolutionize the transformation in the sector, President Muhammadu Buhari on September 1 in the first and last cabinet shake-up sacked the Minister of Power, Salleh Mamman,
He replaced him with Abubakar Aliyu, who until his appointment was Minister of State for Works.
Aliyu’s mandate includes ensuring that the Federal Government’s vision for the power sector, which is to improve access to electricity for all Nigerians in order to lift the country out of poverty, is achieved.
Since assumption of office, the Minister has held several engagements with stakeholders in the sector with a view to finding lasting solutions to its challenges.
Still, electricity consumer groups believe ensuring that the NERC adequately performs its statutory responsibilities should be a major focus of the new Minister.
The country plans to generate 30,000MW by 2030 with 3,000MW coming from renewable and 27,000MW from its power plants to serve its over 200 million people.
However, power generation still hovers just above 5,000 MW despite the 13,000MW installed capacity eight years after the sector was privatised.
From generation to transmission and distribution, Nigerians have continued to ask for more, in agitation to get good power supply.
The Eagle
BREAKING: Super Eagles qualify for AFCON 2025 The Super Eagles of Nigeria have secured their…
Disaster averted as bird strike hits Abuja-Lagos Air Peace flight An Abuja-Lagos flight was…
NNPC achieves 1.8mbpd crude oil production The Nigerian National Petroleum Company Limited (NNPC Ltd) and…
BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year The federal government has unveiled…
EFCC arrests ex-NCMB boss over $35m energy project fraud The Economic and Financial Crimes Commission (EFCC)…
FG gets fresh $134m loan from AfDB for agric projects The Federal Government has secured a…