Browsing: Mr. Babatunde Fashola

“Publishing details of spending on privatization of the power sector and post-privatization spending on Gencos and Discos would serve the public interest and provide insights relevant to the public debate on combating corruption in the power sector as well as help to improve citizens’ access to regular and uninterrupted electricity supply.”

“It is one thing to have power, it is another thing for the quality of the power to be good and today we came to address the quality of power. Our population has grown over the last 20 years without a commensurate expansion in the services that we have installed, and that is partly why you experience issues like low voltage, load shedding and other issues.”

“In many parts of the country connected to the grid, citizens’ feedback is positive, even though all the problems are not solved. Citizens acknowledge more power in dry weather, reduced hours of running their generators and reduction in fuel (diesel and petrol) purchase to power generators.”

The introduction of the regulation now means that private investors, apart from the distribution companies (Discos), can procure meters in understanding with the concerned Discos to recoup their monies with time through specified charges incorporated into electricity bills.