FG Pays Power Debts As Abuja DisCo Gets N374.5m

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The Federal Government has commenced payment for electricity bills owed by Ministries, Departments and Agencies (MDAs) as Abuja Distribution Company gets N374.5million.

A communique issued after the monthly power sector meeting held at the Transmission’s National Control Centre, Osogbo yesterday said the payment was for outstanding debts at the Federal Secretariat in Abuja.

On the issue of load rejection as reported by the Daily Trust yesterday, the Managing Director, Transmission Company of Nigeria (TCN), Usman Mohammed Gur encouraged the industry to take necessary steps to address the problem.

The Minister of Power, Works and Housing, Mr Babatunde Fashola urged the industry operators on ensuring that electricity is delivered to the citizens safely, reliably and consistently.

The Market Operator of TCN in the communiqué issued by the minister’s spokesman, Hakeem Bello said there was a nine per cent improvement in energy delivered to DisCos from TCN in February compared to January.

It said Ikeja and Yola DisCos showed improved remittance to the Market Operator for services rendered in the month of February.

The Nigeria Electricity Regulatory Commission (NERC), ýranked Eko DisCo as the best performing distribution firm in terms of metering and market remittances.  Kaduna DisCo emerged the lowest performer of the period.

It also ranked Okpai (Thermal Plant) and Jebba (Hydro Plant) as the best performing based on indicators such as percentage availability and reporting compliance.

Source: Daily Trust

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