Thursday, 15 May 2025
Subscribe
TrackNews Logo
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
  • 🔥
  • News
  • Politics
  • Business
  • Breaking News
  • National
  • Niger Delta
  • Entertainment
  • Crime
  • Sports
  • Gist
Font ResizerAa
Track NewsTrack News
Search
Follow US
©2025 Track News Media. All Rights Reserved. | Website Designed By AfeesHost
Home » Blog » Gbajabiamila meets ministers, CBN Gov, NERC over power supply
National

Gbajabiamila meets ministers, CBN Gov, NERC over power supply

Track News
Last updated: April 2, 2020 7:35 am
Track News
Share
SHARE

TRACKING___…As stakeholders assure of better power supply during COVID-19 lockdown

Speaker of the House of Representatives, Femi Gbajabiamila, on Wednesday, met with the Minister of Power, Sale Mamman and the management of the National Electricity Regulatory Commission (NERC) over a viral video by Nollywood actress, Ada Ameh.

Ameh had in the viral video protested the poor electricity supply to Nigerians during the ongoing lockdown in major parts of the country to prevent the spread of COVID-19.

With the speaker at the meeting was the Minority Leader, Rep. Ndudi Elumelu and Deputy Minority Whip, Rep. Adesegun Adekoya.

NERC was represented at the meeting by its Commissioner on Compliance, Safe Akpeneye while those that joined the meeting via virtual connection were Finance Minister, Zainab Ahmed; Central Bank of Nigeria (CBN) Governor, Godwin Emefiele; and the Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Mele Kyari.

Gbajabiamila expressed dismay over the barrage of calls and messages from many Nigerians through his social media account, reacting to the protest video and called for prompt action.

“It has become imperative that I urgently call for this meeting to find a solution to the poor supply of electricity during this lockdown period. If we ask people to stay at home to prevent the spread of the coronavirus, at least we have to make their homes comfortable for them to stay.

“The complaints have just been too much in the last 24 hours. There are people also in the hospital now without electricity; we need to brainstorm over an urgent solution,” he said.

Minister of Power, Sale Mamman, highlighted the challenges encountered by power generating compaies (GenCos) and the possible intervention of the leadership of the House of Representatives.

“We are aware of the challenges faced by Nigerians, so we have started talking to GenCos because they have been complaining that DisCos are not paying and only about 20 per cent of their dues are remitted.

“So, the GenCos are facing technical and revenue shortfall. Consequently, they can’t as well meet their financial obligations to gas companies. The DisCos also pay less of their generated revenue to GenCos because they complain about power theft by consumers and high technical costs.

“The sum of N130 billion is what the government gives GenCos to augment the shortfall of payments not fulfilled by DisCos. We still have about N1.2 trillion payment shortfall in all.

“I have been begging the gas suppliers to please, in the interest of Nigerians, release gas to the GenCos. The shortfalls are accruals from the problem of estimated billing, non-payment of bills by estimated customers.

“What the National Assembly can do is to plead with CBN to help with funds to enable the federal government to augment the revenue shortfall to enable government pay gas companies and thereafter bring all the critical stakeholders to a table,” the Power minister said.

NERC Commissioner on Compliance, Mr. Akpaneye, assured the speaker and the leadership of the House that the commission is committing the DisCos to a new guideline that shows empathy with Nigerians during this COVID-19 lockdown.

“All NERC Commissioners are in the Situation Room in our office monitoring GENCOs and Discos activities. We know the demand for this power during this lockdown is for residential, since most industries are on lockdown, so we are going to release a new guideline and sanction electricity companies that can’t show empathy during this period,” he said.

At the end of the meeting, all the critical stakeholders assured the speaker and the leadership of the House of their commitment to ensuring power supply.

They, however, agreed to reconvene in the next few days to find lasting solutions to the challenges in the sector beyond the lockdown period.

TAGGED:CBN GovGbajabiamila meets ministersNERC over power supply
Share This Article
Email Copy Link Print
Previous Article Oyedepo donates medical equipment to Lagos, Ogun
Next Article Delta: Banks, markets, malls, stations, others shut
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

Senate President urges FG to provide relief for poor Nigerians

By
Track News

President Buhari attends ECOWAS summit in Abuja

By
Track News

CNPP demands immediate release of CUPP spokesman Ikenga Ugochinyere

By
Track News

FG secures $1.46bn to complete Ajaokuta Mills

By
Track News
Track News
Facebook Twitter Youtube Instagram

About US

Track News is a leading news site with a primary focus on Nigeria and world news in general. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
Usefull Links

© Track News Media. All Rights Reserved. | Website Designed By AfeesHost

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?