JUST IN: Expert seeks transparency, capacity development in electricity sector

An energy expert Engr. Ademola Agoro (FNSE) has called for increased transparency and capacity development in the electricity sector. Agoro, who is the Managing Director, Protogy Global Services Limited and Vice President, Nigeria Society of Engineers, emphasised the importance of transparency in transition of the power sector towards cost and service reflective tariffs....READ FULL ARTICLE

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Speaking while appearing on BCOS flagship programme, AM120, Agoro urged Nigerians to support the transition, highlighting its potential to attract investment in Nigerian Electricity Supply Industry (NESI) and unlock benefits of the new electricity act.

Addressing concerns about distribution companies charging customers in band A, Agoro proposed that these companies be required to sign service level agreements with individual customers.

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He stressed importance of enforceable sanctions from regulators and implementation of transparent monitoring tools accessible to all parties involved.

He called on government to reconsider its policy on energy subsidies, suggesting redirecting subsidy resources towards providing certain amount of energy units to tax-paying Nigerians and companies, thereby promoting equitable access to electricity.

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Highlighting issue of proper metering, Agoro urged government to prioritize efforts towards ensuring all Nigerians are adequately metered, adding that accurate metering is essential for fair billing practices and efficient energy management.

He however recommende urgent need for collaborative efforts between stakeholders in the electricity sector to address key challenges and drive sustainable development....READ FULL ARTICLE