Oil & Energy
Yuletide: Small Business Operators Lament Poor Electricity Supply
Some small business operators in Isolo, Lagos have decried poor electricity supply to the area, saying that it reduced their daily operations this Christmas season.
They told newsmen that they made brisk businesses during Christmas period but had been hindered this season by poor power supply.
A fashion designer, Mr John Egeonu, said that availability of electricity determined the amount of clothes designers made daily.
“A lot of people desire to have new clothes during Christmas season.
“I need constant power supply to meet up with the demand so that I do not disappoint my customers.
“Due to the epileptic electricity supply, I spend a lot of money on fuel to power my generator and even on kerosene for ironing clothes,’’ Egeonu said.
The designer expressed optimism that the privatisation of the power sector would address the problem.
He urged the Federal Government to properly monitor activities in the sector for effectiveness.
“Government should ensure that the power sector is revitalised to boost our economy,’’ Egeonu said.
A hair dresser, Mrs Silver Ogundele, said that Christmas was a period of brisk business for her.
She, however, regretted that she had to resort to the use of power generator to work.
Ogundele said: “It is a business risk for a hair dresser in this area to operate without a generator, especially during Christmas season.
“Customers want their hair dried whether there is electricity or not. Therefore, I power my generator constantly to satisfy my customers,’’ he said.
She told our correspondent that she spent much money to buy fuel for the generator.
A fish seller, Mrs Beatrice Ojo, said that she devised a means of sustaining her business in spite of poor electricity supply.
“I bought a giant deep freezer which keeps the fish frozen for a number of days even when there is power outage.
Ojo also expressed the hope that the unbundling of the Power Holding Company of Nigeria would improve power supply.
“Epileptic power supply discourages businesses,’’ she said.
Our correspondent reports that many other parts of Lagos State are experiencing poor electricity supply.
Oil & Energy
‘Revamping Moribund Refineries ‘ll Address Rising Cost Of Petroleum Products’
Oil & Energy
The Race To Cut Methane Emissions Is Exposing A Global Divide
By Felicity Bradstock for Oilprice.com 16
Oil & Energy
Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
-
Politics22 hours agoLG CITY BOY COORDINATOR HAILS WIKE’S SUPPORT FOR ONYESOH, TINUBU
-
Politics22 hours ago
DIRI INAUGURATES APC CAMPAIGN COUNCIL, SETS MILLION VOTES TARGET FOR TINUBU
-
Politics23 hours agoNDC Candidate Urges Oborevwori To Probe Asaba Political Violence
-
Rivers4 days ago
NUJ Set To Attend UNIPORT’s 217th Inaugural Lecture
-
News1 day agoArmy Recovers X Account After Hack Attempt
-
News4 days agoNJC Suspends Three Judges, Sanctions Eight Others
-
Politics4 days ago
Atiku Kicks-Off 2027 Campaign, Promises To Tackle Nigeria’s Challenges
-
Featured4 days agoAPC Presidential Campaign Storms PH, ‘Morrow
