For Nigeria to have stable electricity supply, the power sector be run like a business where consumers are ready pay, Managing Director of Transmission Company of Nigeria (TCN) Usman Gur Mohammed has said.
The TCN boss stated this in Kaduna at the weekend while speaking at a policy dialogue on power sector, an event put together by Arewa Research and Development Project (ARDP).
He said uninterrupted power supply is possible in Nigeria but requires investment to have the network with requires consumers prepared to pay.
According to Mohammed, in African countries where there is stable power supply, people pay for electricity that they consume.
“If you go to places like Burkina Faso for example, the cost of electricity is more than two times what we have here and the people are paying.
“I want to tell Nigerians that, generally, electricity has to be run like a business and that means we have to pay for electricity for us to have electricity.
“So, this idea of people not wanting to pay, and feeling that, electricity is a social service, should stop. That culture should stop so that, we can expand the grid and provide stable electricity.
“Because, it is investment that is required to have the network and that investment requires that, people who are consuming this product should pay,” he stated.
Speaking on President Muhammadu Buhari strides in the power sector, the TCN MD said the government inherited a sector that had problems in generation, transmission and distribution but has been able to fix the challenges in generation and transmission to a large extent.
He explained: “You will agree with me that, when the government of President Muhammadu Buhari came in, all the value chains in the power sector had problem from generation, transmission and distribution.
“You recall that, that time, generation was hovering around 3,500 megawatts and the same with distribution and transmission capacity was not more than 5,000 megawatts.