Opinion
Any Option For Power Privatisation?
There is currently a massive outcry for the Federal Government to quickly revoke the Privatization Policy of the Power Sector.
First, is the persistent power outage. The steady increase in demand for electric power without its equivalent supply has resulted in a consistent power failure. Currently, more communities and cities are lamenting such persistent power outage
With a population approximated at 180 million people, according to the National Bureau of Statistics, obsolete KVA lines traversing several kilometers, as well as old and ill-maintained equipment are still used. It is, therefore, not out of place that the constant breakdown of such overused equipment; poor maintenance culture and a huge managerial inefficiency are already waging war against some top beneficiaries of the said privatization policy.
While they remained adamant at depriving the public of electric power and losing investors on a daily basis, coupled with their failure to offer adequate electricity supply for both local businesses as well as domestic consumption, the cry of most small and medium-scale business owners could play out in the current debate against the so-called privatization agreement.
Secondly, investors who have benefitted from the said privatization policy appeared to have failed woefully in keeping to the agreement that gave rise to their services. Since the formation of the Nigerian Electricity Regulatory Commission (NERC), the independent regulatory agency, as provided in the Electric Power Sector Reform Act (2005) were assigned with the task of issuing licences to individuals who were ready to operate within clearly stipulated terms, as well as operating guidelines.
Owners of the distribution companies who keyed into the terms and conditions that gave rise to such public services were to be guided by their integrity, honesty and responsibility. Not only were they expected to meet the growing demand of Nigerians in the area of power distribution but also to ensure that all conditions necessary for a smooth flow of their relationship with the public were satisfied.
But today, the reverse appears to be the case. One would wonder if the shortcomings in their service should be attributed to the Federal Government failing to keep its own side of the agreement or, if the blame should now be shared between them and the public.
But sad enough, the key private players in the power sector appear not to be responsive to the outcry of the public; but seem to have remained rather incurably addicted to persistent power outage; constant disagreement between their workers and the end consumers while they continue to offer unsatisfactory services to individuals, corporate organizations and public ventures.
Again, several years have witnessed their inability to address, not only the high monthly electricity bills, but also the decree of fluctuations involved in the bills. Industrial and domestic consumers have continued to lament the persistent hike witnessed in their monthly electricity bills.
In this regard, their actions appear to have eaten up the primary aim of privatisation, and the aim of providing for more efficiency and alleviate the electricity burden on the poor consumers appears to have been woefully defeated. Even in some quarters where individuals from some electricity distribution offices would still present some monthly electric bills to innocent consumers who have witnessed total blackout all through the said month, the agony and plight of such end-consumers appear to have received less publicity in the media.
Another area of concern is the high cost of meters as well as the process and several barriers one must suffer in order to get a meter. The chances of procuring a meter and having them installed should be re-examined since the electricity meters are responsible for reading and establishing the billing circle and it’s used to quantify the precise amount of energy consumed within a specific period of time.
Yet, key players in the sectors appear inactive in their responsibility of allocating and installing these meters on request. Since 2013 when the private sector took over part of the task of supplying meters to the final consumers, the huge metering gap seems not to have been narrowed.
This has resulted in the inability of the sector to regulate between the consumption rate and the exact amount the suppliers of electricity would need in order to remain in business.
Persistent public views have proved that the so-called giants of power distribution have remained reluctant in measuring the actual electricity consumption per kilowatt hour. Consequently, in some quarters, individuals have continued to witness huge electricity bills on monthly basis.
Despite several legislation aimed at averting this hurtful trends, end-users have continued to suffer wrongly since they have not truly been liberated from this huge plight.
Today, it appears that the problems facing the power sector have worsened than it was before the privatization policy was initiated, and individuals who have been so quiet and patient are now calling for a total overhauling of the said privatization policy.
Now that their failure is greater than what they themselves could imagine, and the innocent eyes of meaningful individuals, organizations, corporate bodies and public functions can now see through, one would want to ask whether the present administration should be more proactive and forceful at reviewing and revoking the Privatization Agreement on Power Distribution, or remain indifferent?
James wrote from Port Harcourt.
Opinion
Humanity and Sun Worship

Opinion
When Global Peace Hangs In The East

Opinion
Balancing Religious Freedom and Community Rights

Quote:”Communities have rights to peace, safety, and quality of life. Noise pollution, crowds, or other impacts from religious activities can affect these rights. Balancing these interests requires consideration and dialogue”.
-
Sports2 days ago
FIFA rankings: S’Eagles drop Position, remain sixth in Africa
-
Sports2 days ago
CAFCL : Rivers United Arrives DR Congo
-
Sports2 days ago
NNL abolishes playoffs for NPFL promotion
-
Sports2 days ago
NPFL club name Iorfa new GM
-
Sports2 days ago
Kwara Hopeful To Host Confed Cup in Ilorin
-
Sports2 days ago
NSF: Early preparations begin for 2026 National Sports Festival
-
Sports2 days ago
RSG Award Renovation Work At Yakubu Gowon Stadium
-
Sports2 days ago
RSG Pledges To Develop Baseball