Electricity Distribution Companies, DisCos have pleaded with the Federal Government to intervene in gas pricing for power generation to ensure effective service delivery.
The Executive Director Research and Advocacy, Association of Nigerian Electricity Distributors, ANED Sunday Oduntan made the call in a statement in Abuja.
He also noted that the cost of gas remained one of the key determinants of the electricity tariff in Nigeria, adding that it is high time the government found a way to helping bring down the price in the interest of the sustainability of the power sector.
The Director said as at today, the price of gas for local power production was a little over three dollars for one million British Thermal Units, whereas the cost at which Liquefied Natural Gas is exporting gas is less than half the same amount.
Oduntan added that some International Gas Companies were still flaring much needed gas into the atmosphere, and that there were numerous options available to the government to make electricity more affordable.