Dogara Tasks Stakeholders to Address Myriad Power Problems

February 7, 2017
Dogara Tasks Stakeholders to Address Myriad Power Problems

Dogara Tasks Stakeholders to Address Myriad Power Problems

By Modupe Gbadeyanka

Speaker of the House of Representatives, Mr Yakubu Dogara, has charged stakeholders in the power sector in Nigeria to ensure they address the myriad of issues frustrating steady supply of electricity in the country.

The Speaker gave this charge on Tuesday during his welcome address at the 2-day stakeholders’ interactive dialogue/workshop on the Nigerian power sector by the National Assembly at the Congress Hall of Transcorp Hilton in Abuja.

Mr Dogara admitted that the power sector in Nigeria has over years been faced with many intimidating and daunting challenges.

He said these challenges run across the entire power value chain of generation, transmission and distribution and that these myriad issues are apparently exacerbated by inadequate funding, poor energy mix, fuel supply issues, flawed regulatory framework, commercial issues among others.

“There is therefore a need for concerted efforts by all stakeholders to address these myriad problems,” he charged.

According to him, the “objective of this workshop is to provide a platform for stakeholders to carry out a holistic diagnosis of the challenges impeding the development of the Nigerian Electricity Supply Industry (NESI) and proffer practical solutions.”

“The diagnosis includes but not limited to a critical analysis of the extant legislations and regulatory framework guiding the Nigerian power sector to determine if there is a need for amendments or enactment of new laws that will galvanize the sector to deliver the required results,” he said.

According to him, some of the relevant questions to be asked are:

  • Why has power generation remained at less than 5000MW since the last 56 years?
  • Why have various policies by successive governments failed?
  • Why has the transmission infrastructure remained inadequate in wheeling the available power?
  • How can the Federal Government rapidly expand the transmission infrastructure?
  • Why are electric meters not available to most consumers thereby leading to contentious estimated billing?
  • How can NERC establish a cost reflective tariff and reduce inefficiency in support of affordable end user tariffs?
  • Why has there not been an effective Gas Master Plan for Nigeria which would have preceded the building of the gas fired power plants?
  • What is the solution to the perennial pipeline vandalism that disrupts delivery of gas to the gas fired power plants?
  • What can be done to improve local and foreign investment in gas gathering, processing and distribution?
  • Why is there local and foreign investor apathy in investing in the Nigerian power sector?
  • Why are the local and foreign financial institutions not funding the sector?
  • How can the FGN create and sustain a stable investment climate for private sector participation in the power sector?
  • How can the FGN maintain a creditworthy off-taker (NBET) of electricity?
  • How can we maximize options like mini hydro and small solar projects to power rural communities?

. Perhaps the most important question is what happened to the N2.74 trillion spent on the sector from 1999-2015?

. Why is it that the more we spent on the power sector, the more darkness we attract?

  • Why are most of the companies licensed by NERC not able to start their projects?
  • What can be done to improve the poor energy mix?
  • Why has the FGN not embarked on Energy Conservation campaign that will emphasize the use of energy saving bulbs etc.?
  • What kind of guarantee is needed by foreign investors to facilitate investment in the power sector?
  • What role can the legislature play to facilitate a rapid development of the power sector?
  • Is there a political will to tackle head on the challenges of the power sector?
  • Is there any need for amendment of extant legislations or enactment of new laws to galvanize both local and foreign investment in the Nigerian power sector?

The Speaker said stakeholders and participants at the programme must answer in order to proffer long lasting solutions that will move the Nigerian power sector forward, stressing that he remains “confident that the array of stakeholders gathered here today are eminently capable of dealing with these and many more related questions and puzzles that exist and will arise in the course of deliberations.”

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Leave a Reply

Lagos First Lady Charges Women on Genital Mutilation
Previous Story

Lagos First Lady Charges Women on Genital Mutilation

NAIP Bi-Monthly Meeting Debuts in Lagos
Next Story

NAIP Bi-Monthly Meeting Debuts in Lagos

Latest from Economy

Don't Miss