In furtherance of the Federal Government's commitment to deliver reliable electricity to Nigerians, the Minister of Power, Joseph Tegbe, has held a strategic closed-door meeting with the leadership of select electricity distribution companies over the proposed Energy Zones, designed to deliver stable, 24-hour power supply to homes, businesses and industries in the country's highest-demand areas namely Lagos axis, Abuja-Kaduna-Kano and Enugu-Port-Harcourt
According to the Minister, the constraint on the sector is not
limited to generation and transmission but includes how much power is taken up
and delivered at the distribution end. The proposed Energy Zones are meant to
close that gap, unlock commercial and industrial demand, and strengthen DisCo
revenue and collections. He also expressed the Federal Government's commitment
to build up infrastructure in high-demand areas to ensure supply keeps pace
with estimated demand in our growing economy.
The engagement reinforces the Minister’s commitment made upon
assuming office to ensure a disciplined and sequenced approach to the sector's
challenges. It also advances the Renewed Hope Agenda of President Bola Ahmed
Tinubu, which places reliable energy at the centre of economic growth,
industrialisation and job creation.
In attendance were leadership of Abuja Electric Distribution
Company (AEDC), Ikeja Electric, Eko Power, Ibadan Electricity Distribution
Company (IBEDC) and Sahara Energy Group.
0 Comments