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  • chevron.comThe 11 Distribution Companies (DisCos) have closed the customers metering gap by 2.2 million since the privatisation of
    the power sector in 2013, the Association of Nigerian Electricity Distributors (ANED) has disclosed.




    ANED’s Executive Director, Advocacy and Research of
    the association, Barrister Sunday Oduntan made this known yesterday
    at a workshop organised by the association for energy (power) correspondents in Abuja.



    Oduntan who spoke on the impact of privatisation on the power
    sector     said the private investors met
    a 5m metering gap in the sector and we’re able to reduce it to 2.8m.



    Speaking on the recent approval by the federal government to pay the N2.6 billion electricity supply
    debts owed by Ministries, Departments and Agencies (MDAs), Oduntan said the money was not coming to the
    DisCos as government has decoded tol use it to offset part of
    their N500 billion energy debt owed the upstream subsector with the Nigeria Bulk
    Electricity Trading (NBET).


    He said, "That money is going to NBET to help pay part of our debts," adding that it may not trigger any immediate investment.



    "It is true that we sometimes reject load but it is not often and it is because TCN gives us electricity where it is not commercially viable. As it is now, electricity is not a social service; it is purely business," Oduntan said.



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