High Power Tarrif Worries Business Operators

Business owners in
Port Harcourt have lamented over high cost of power supply in the running of their businesses.
Reacting to the power issue while interacting with The Tide, Thursday, a hotel manager on the East-West Road in Port Harcourt, Mr. Micheal Idu said that more than 50 per cent of revenue generated in the hospitality business was being spent on power.
Idu, who is the General Manager, Eze Hotels, disclosed that the huge expenditure incurred on diesel had eroded the share of the company’s gain, adding that the electricity supply situation is still poor at the moment in Port Harcourt, inspite of the privatization of the power sector.
He said, “The electricity situation is still epileptic, despite the funds being expended on it. It is time for the sector to improve as it is being managed by private companies.
The hotel manager however urged the Federal Government to invest in other sources of power generation, to service the demand of the hospitality business and other sectors of the economy. It should also construct metro lines in some state capitals to enhance tourism and movement.
Meanwhile, a sachet water producer in the Rumuola axis of Port Harcourt, Mrs Roseline Eke, has said that she spends a substantial amount in running her generator sets.
According to her, the generators have become her main source of power supply while the National Grid is now on the stand-by, which ought to be the other way round.
Eke, who also produces yoghurt ice cream expressed hope that there will be an improvement with the privatization of power.

Corlins Walter