- Electricity distribution companies across Nigeria are battling with obsolete equipment, according to Ernest Mukwoya, MD of Abuja DISCO
- Some of the equipment are said to have lasted for over 115 years
- Mukwoye revealed that distribution companies inherited obsolete equipment from PHCN, adding that replacing them requires time and money
Abuja Electricity Distribution Company (DISCO) has revealed that distribution companies across the country are battling with obsolete equipment and as a result of this, it would take longer time for Nigerians to get stable power supply.
This was disclosed by the managing director and chief executive officer of Abuja DISCO, Ernest Mukwoya, in Minna, Daily Nigerian reports.
According to Mukwoya, the company inherited obsolete equipment from the defunct former Power Holding Company of Nigeria (PHCN). He said as a result of this, companies were unable to make profit since they took over.
Mukwoya who was represented by Israel Fadipe, general manager corporate communications of Abuja DISCO, said: “The equipment we are using today has lasted for over 115 years and for us to replace these items, we need time and money because the power sector is capital intensive.
“The fact is that we are not getting back the money we are supposed to be getting back from the consumers, hence we are not making profit.”
He also blamed consumers and vandals for compounding the problems in the sector.
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Recall that Legit.ng reported that Transmission Company of Nigeria (TCN) claimed that power generation had reduced due to an emergency maintenance by Nigerian Gas Company (NGC) on pipeline supplying gas to Egbin, Omotosho, Olorunsogo and Paras power stations.
Also, Legit.ng reported that the Federal High Court in Lagos ordered the release of details of payments to all defaulting and allegedly corrupt electricity contractors and companies.
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