President Muhammadu Buhari has directed that all stakeholders in the power sector should hold monthly meetings on issues concerning the industry.
Minister of Power, Works and Housing, Mr. Babatunde Fashola who disclosed this at his maiden meeting with power generation, distribution and transmission companies and other stakeholders on Monday also reeled out a 13-point agenda that will enable the industry to meet its target of providing regular sustainable power to Nigerians.
These include continuous public engagement on tariff collection, debts, power generation, maintenance, ancillary services, dispatch orders and discipline.
Others areas include gas requirement and constraints, transmission constraints, 33KV load offtake, imbalances- locations of excess, overload safety, service quality, new captive and embedded generation, franchising and other issues relevant to the growth of the sector.
The minister emphasized that these will enable proper monitoring of progress in the industry.
The minister emphasized that these will enable proper monitoring of progress in the industry.
While advising that the meetings be rotated among the various GENCOs, DISCOs, TCN and other stakeholders across the country, Fashola said that all decisions reached at such meetings would be binding on all the stakeholders.
In this respect, the minister stated that the various companies and stakeholders would each be represented by a management member with authority to take decision on behalf of their companies.
In this respect, the minister stated that the various companies and stakeholders would each be represented by a management member with authority to take decision on behalf of their companies.
He explained that in order to minimise the cost of hosting the meetings, the companies were advised to jointly pull up resources required to hold the meetings.
The minister further said the meetings would also involve lawyers, engineers, planners and other stakeholders, adding that the ministry would issue a communiqué at the end of each meeting on steps taken to address
challenges in the sector.
The minister further said the meetings would also involve lawyers, engineers, planners and other stakeholders, adding that the ministry would issue a communiqué at the end of each meeting on steps taken to address
challenges in the sector.
