About 26 industrial customers have elected to sign up to be supplied power directly from power generation companies (Gencos) instead of from the distribution companies (Discos) under the eligible consumers’ scheme approved by the federal government in 2017, the government said yesterday in Minna, Niger State.
The eligible customers regime seeks to enable large users of electricity in Nigeria’s power sector get adequate supplies directly from power Gencos. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, disclosed that this number of industrialists were ready to engage the scheme at the August 2018 edition of the monthly power sector operators meeting. He also stated that five industrial consumers were already benefiting from the scheme.
Fashola particularly disclosed that the eligible customer policy has started yielding fruits as Mainstream Energy Limited, an electricity distribution company (GenCo) has signed on five industrial customers. “Information reaching me shows that five industrial customers are now benefitting from the policy and taking their power directly from a GENCO, who incidentally is our host today, Messrs Mainstream Energy Ltd,” the minister said.