The Head of Corporate Communications, at Jos Electricity Distribution Company, Dr Elijah Adakole, in an interview with the News Agency of Nigeria, said that the reoccurring national power grid collapse affects Distribution Companies’ revenue generation.
Adakole, said this on Saturday in Jos while stating that most of JElDC’s customers were on the company’s pre-paid metering system, which meant they would only pay for energy consumed.
He, therefore, noted that the unavailability of power to distribute to consumers would invariably lead to zero revenue collection, a situation that would lead to serious financial losses.
According to him, “The incessant collapse of the grid also has a devastating impact on the economy as most businesses are dependent on electricity at both the macro and micro levels.”
Adakole called on the Federal Government, to seek long-lasting solutions to the issue.
A civil society activist, Mr Steve Aluko, said the recurring collapse of the grid should be of great concern because of its devastating consequences on the country’s economy and the wellbeing of citizens.
Mr Samson Benson, a welder, has also expressed concerns about this lack of electricity supply which in his words was crippling his business.
He also expressed worry that he was not making a profit and also could lose his clients because of his inability to deliver at the scheduled time due to power challenges.
‘Most of the profit I would have made was expended in the purchase of diesel to power my generating set to enable me to work.
“Even at that, I wasn’t able to deliver my client’s items as scheduled, due to the unavailability of electricity”, he said.
Mr Benson appealed to the government to proffer a lasting solution to the incessant grid collapse as most businesses were dependent on electricity.
Written by Jennifer Amarachi
