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Minister of Power meets Genco, Disco, challenges power sector operators

Minister of Power meets Genco, Disco, challenges power sector operators

In the quest to finding solutions to challenges in the Power Sector, Minister of Power, Chief Adebayo Adelabu on Wednesday met with the management teams of power Generating companies (GENCOs) and the Distribution companies (DISCOs), urging them to improve on their performance.

 
According to a statement by Bolaji Tunji, Special Adviser,  Strategic Communication and Media Relations, the Minister held a fact finding meeting towards finding lasting solutions to the challenges in the power sector that have affected the growth and development of the country’s economy.
 

The Minister said meeting with all the stakeholders in generating, transmitting and distribution value chain would be adopted as a regular meeting in order to constantly review developments in the sector. 

He described the gathering as the most authentic way of getting valuable information on the challenges faced by the operators as opposed to speculations.

Adelabu said the meeting was called  to learn from Stakeholders and the only way to salvage a bad situation is to understand the real issues on ground. 

Adelabu challenged the operators to synergize for the success of the power industry adding that the work at hand cannot be carried out by one person, he therefore solicited for support in order to forge  a practical solution beyond theory.

According to the Minister, Power is one of the most important things the country need to energize the economy in terms of achieving the desired economic growth and Industrial development saying, the President has identified the Power Sector as a major driver of economic growth, therefore no excuse will be entertained for non performance.

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