NESI Confab: Stakeholders Decry Low Electricity Supply

Ahead of the Nigerian Electricity Supply Industry (NESI) Market Participants and Stakeholder Roundtable scheduled for October 31- November 1, 2023, stakeholders have expressed concern over the poor state of the power sector in the country.
They lamented that with about 10 years after privatisation of the electricity industry, supply to end users has remained below 4,000 megawatts.
To address the poor state of the industry, amid clamour for increase in electricity tariff, the stakeholders, who cut across the industry, said there was a need to convene a roundtable aimed at reviewing key issues bedeviling the sector.
The Market Operator, Transmission Company of Nigeria (TCN), and Host to the Roundtable, Edward Eje, said the electricity market in Nigeria has not exceeded invoices of 4,000 megawatts since it was privatised.
Eje, therefore, stressed the need for industry players to end the blame games and rather, find a leeway to boosting the sector.
Chairman of the NESI Market Participants and Stakeholders Roundtable (NMPSR), Stephen Ogaji, revealed that gas-to-power issues, market liquidity, metering of consumers and other value issues would be prioritised and presented to decision makers.
Ogaji said the Conference with the theme, “NESI Privatisation and its 10-year Milestone: The Journey so Far, Opportunities and Prospects”, would provide a platform for robust and comprehensive discussions on issues and prospects associated with NESI.
“It is our expectation that the event will bring together various experts, operators, vendors, and other miscellaneous stakeholders necessary for progressive determination of the way forward for the sector”, Ogaji said.