The Chief Executive Officer of Sahara Group, Tonye Cole, on Thursday said that it would take Nigerians about five years to experience uninterrupted electricity supply.<\/p>\n
According to a statement by the company, Cole\u00a0 said there were areas that needed to be improved upon, before stable national power supply would be actualised.<\/p>\n
He said that electricity development information sharing among key players in the sector would remain a key factor to success, in the years ahead.<\/p>\n
He also identified the increasing rate of pipeline vandalism as another impediment in the projected national stable power supply situation.<\/p>\n
“Anybody that vandalises a pipeline may vandalise the pipeline to go and sell crude somewhere, thinking that he is making money, but each time he vandalises a pipeline, whether it is a gas pipeline or an oil pipeline, it affects everyone.<\/p>\n
“But before we can get to a point where we don\u2019t have to think about power because it is just there, it requires a lot of investment, a lot of capital has to go into that,\u201d he said.<\/p>\n
Cole said that the power sector had taken a new shape with the new investors, adding that the private companies need to collaborate with government and the regulators to achieve realistic results.<\/p>\n
“It is a new area and it is expected that laws and a relationship between the regulators, investors and customers will be shaped along the way,\u201d he said.<\/p>\n
According to him, people need to understand the difference between generation and transmission and then the difference between transmission and distribution.<\/p>\n
“Most people don\u2019t know what these things are and as far as the customer is concerned, he wants just one thing, power, power, that is all.<\/p>\n
“We will begin to see improvement within six months, but improvement in communication is the first thing that we need,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Chief Executive Officer of Sahara Group, Tonye Cole, on Thursday said that it would take Nigerians about five years to experience uninterrupted electricity supply. According to a statement by the company, Cole\u00a0 said there were areas that needed to be improved upon, before stable national power supply would be actualised. He said that electricity […]<\/p>\n","protected":false},"author":1,"featured_media":4128,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[6857,6860,707,1265,6859,6858],"yoast_head":"\n