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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Business > FG To GenCos, DisCos: No More Excuses Over Poor Power Supply
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FG To GenCos, DisCos: No More Excuses Over Poor Power Supply

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Last updated: October 14, 2023 7:13 pm
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3 years ago
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FG To GenCos, DisCos: No More Excuses Over Poor Power Supply
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The Minister of Power, Adebayo Adelabu, has warned electricity generating and distribution companies over the poor distribution of electricity to Nigerians stressing that the government will no longer listen to their excuses.

Adelabu, who made this known to Discos and generating companies during a meeting Saturday in Abuja, said the meeting was to find a lasting solution to the issues surrounding power distribution.

According to a statement signed by the Minister’s Special Adviser, Strategic Communication and Media Relations Bolaji Tunji, Adelabu said: “We called this meeting to learn from you and the only way to salvage a bad situation is to understand the real issues on the ground.

“Power is one of the most important things we need to energize the economy in terms of achieving the desired economic growth and Industrial development.

”The President has identified the power sector as a major driver of economic growth; therefore no excuse will be entertained for non-performance.”

The minister also said that the meeting will become regular to create a stable and accessible environment that will enable discussions surrounding the generating, transmitting, and distribution value chain of electricity to be reviewed and decisions reached.

He added that this development will make an impact in the power sector within two to three years.

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TAGGED:DISCOSDistribution CompaniesElectric Power ChallengesElectricityenergy sectorFederal GovernmentFGGENCOSGovernment DirectiveNigeriapower generationPower Sector AccountabilityPower supply
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