Electricity distribution companies do not believe that there are about 2,000 megawatts of electricity that are stranded in the Nigerian power sector.
According to the Discos, the Federal Government’s continuous claim that about 2,000MW of electricity had been stranded for over one year is difficult to comprehend.
In June 2018, the Minister of Power, Works and Housing, Babatunde Fashola, declared that about 2,000 megawatts of electricity produced by power generation companies had been left stranded, as Discos lacked the capacity to take all the generated electricity.
To effectively utilise the stranded power, the government introduced the Eligible Customer Policy, an initiative that empowers power consumers to buy electricity directly from generation companies instead of waiting to be supplied power by the Discos.
The policy, however, had yet to yield the desired results, as the Permanent Secretary, Federal Ministry of Power, Works and Housing, Louis Edozien, announced at a workshop in Abuja that since two years after the Eligible Customer Policy was unveiled by Fashola, no one had been fully licensed to enjoy the initiative.