Chairman of the Egbin Power Plc, Kola Adesina, has called on the Federal Government and operators in the power sector to address the challenges currently facing the power sector.
Adesina, who attributed the problems to misalignment of vision, policies as well as non-consultation and inclusion of operators and stakeholders before a policy is implemented,’ added that it was impossible for every Nigerian to be metered.
Speaking at the maiden Power Sector Roundtable organised by Sahara Power Group Ltd in Lagos, Adesina, stated that electricity was a global product which should be provided to all.
He said that, There is a misalignment of vision, policies, and strategies in the power sector. Whereas, you find an organisation like Egbin, which is willing to succeed and give more to the system, but being faced with transmission and gas supply problems. In such situation, can there be a break-even point for a power plant like Egbin It’s at a loss to us.”
"When we invested in the business, it was at an exchange rate of N157 to a dollar, but down the lane, the exchange rate has doubled. But the tariff did not shift for two years.
Anyway, it is expected, considering the backlash we have been receiving since 2013 because the sector is highly technical and we don’t expect pepper seller to understand the science behind electricity." He Said
Source: Daily Post
No comments:
Post a Comment