NewStats: 3,262,337 , 8,176,865 topics. Date: Sunday, 01 June 2025 at 08:45 PM 7m5m

The Senate had expressed displeasure at the performance of Nigeria’s electricity distribution companies, otherwise known as DisCos, and the Transmission Company of Nigeria, TCN, since the privatisation of the power sector.


This is as the Red Chamber of the National Assembly described the privatisation of the power sector as a failure, while threatening to initiate legislative measures to reverse the policy.

The Senate said this when the chairman of the Committee on Power, Senator Eyinnaya Abaribe, submitted his report for consideration.

Abaribe explained that the DisCos have largely failed to deliver reliable electricity to Nigerians.

This triggered concerns about the effectiveness of the 2013 privatisation program, which aimed to improve power supply through private sector involvement.

In his report presentation, the lawmaker highlighted the financial losses incurred each time the grid collapses.


According to him, restarting a power plant costs approximately $7.5 million. With three plants in operation, the total cost per grid collapse amounts to $25 million.

The Senate engaged in an intense debate over the persistent collapse of the national grid and inefficiencies in Nigeria’s power sector, with senators expressing deep frustration over the state of the country’s electricity distribution and privatisation policies.

On his part, Senate President, Godswill Akpabio, criticised the privatisation of the power sector, questioning its efficiency.


He noted that despite privatisation, distribution companies are unable to meet consumer demands, leading to deteriorating service quality.

“Why do governors and individuals have to buy transformers and then hand over to DisCos and still pay for installation,” Akpabio queried.

Speaking, Adams Oshiomhole (Edo North) expressed regret over his earlier for privatisation, describing the process as ill-conceived and ill-executed.

He lamented the fact that consumers are forced to pay for services not rendered.

The motion was subsequently withdrawn to allow for actionable and comprehensive recommendations.

The Senate Committee on Power was thereafter given six weeks to develop improved recommendations concerning the non-functionality of DisCos and TCN.

Source: https://dailypost.ng/DisCos-have-failed-Senate

This is a very commendable development,7.5md per collapse…no wonder the thing Dey collapse anyhow,if na me Dey chop that kind of money I go Dey collapse like 7times a week,I fit even enter coma.

Not just the Disco's but senate itself with Tinubu's government

Na today??

The Discos dey dance disco

Senate has failed.

Maybe the disco the Discos are playing is not bringing enough money for the SINators. The senate also have failed us

Nationali grids and minister of power will soon collapse

There are two things that will never changes in Nigeria. NEPA and Nigeria police.
Even if Peter Obi become president of Nigeria or the holy person in Nigeria can not still change this two.NEPA and police

Sad... Hopefully something that could work comes.

Just like the Nigerian Senate has failed also.

It's a bit shameful that this cycle of darkness is still a thing, and we are going into 2025. I know it's supposed to be a gradual process, but in this day and age, I expect to see about 60-70% of the country getting about 15hrs of power daily, but even that seems a long way off not to talk of regular power supply for the entire country🙄

What are punishment meted to failures?
In Nigeria, Na just by talking and it ends there. Guess what, the failure continues.


By the way the lawmakers dey use Gens & solar, so their talk na to tickle the public to show face that they are talking or concern

Hypocrites!

Yawn

24/7 light isn't science rocket 🚀

Majority of them are shareholders, so forget this jamboree’
The more u loook; the less u see

Only thing that is not failing in this corn3 is corruption.

The entire system of tinubu government has failed

Is it only Discos and TCN.
What about the Aba Geometric Power? Where is the light? Something is fundamentally wrong with the power sector in Nigeria.

I dey vex this morning...


Cut one denied me 12m this morning, game I dey nurture for 5 days now, sporty no gree give cashout... Ogun kee dem

Senate have failed Nigeria...,. Kicking away reasonable policies and only ing useless bills

Ebola BATeria has failed.

D legislatures have lost their footing. Nothing like d fear of Senate ,Rep Houses of Assembly.

Lawmakers and Nigeria judiciary have become useless entities under d control of d executive. Look and d Farombi v Afe Babalola issues. The Senate ought to summon d IGP for such judicial embarasment.

The Nigeria police have been use to arresting people over civil matter. Even family matter.

This country will not last under this condition. If a nation like Cameroon or Ghana invadeN Nigeria like Russia did to Ukraine, Nigeria will be gone within one week .

We are just living to have d opportunity to leave this country
Forever

Well,
Ikeja Electric and Eko Electric are trying..

You see that Ibadan Electric...Ha...they are complete mess.

Na dancing girl soon fail

All of them. Genco, Disco and TCN should be penalised.

2013 power sector privatisation program was a big fraud. GEJ fvcked up for there totally.

adioolayi:
Well,
Ikeja Electric and Eko Electric are trying..

You see that Ibadan Electric...Ha...they are complete mess.

None of them is trying

LOL....
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.
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.
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Failure is looking failure in the eye and telling it it has failed.

If wonders ended, it didn't in Nigeria.

Lanretoye:
This is a very commendable development,7.5md per collapse…no wonder the thing Dey collapse anyhow,if na me Dey chop that kind of money I go Dey collapse like 7times a week.

Yeeeee.......

D