Engr Ademola Isaac Agoro, Managing Director of Protogy Global Services Limited and Vice President of the Nigeria Society of Engineers, has called for increased transparency and capacity development in Nigeria’s electricity sector. During a recent appearance on BCOS flagship programme AM120, Engr Agoro emphasized the importance of transparency in the transition of the power sector towards cost and service reflective tariffs.
Engr Agoro urged all Nigerians to support this transition, as he believes it has the potential to attract investment in the Nigerian Electricity Supply Industry (NESI) and unlock the benefits of the new electricity act. He stressed that transparency is crucial in this process, and it is necessary to have enforceable sanctions from regulators and transparent monitoring tools accessible to all parties involved.
Addressing concerns about distribution companies charging customers in band A, Engr Agoro proposed that these companies should be required to sign service level agreements with individual customers. This would ensure that customers receive the services they are paying for and that there are consequences for any breaches.
Engr Agoro also advised the government to reconsider its policy on energy subsidies. He suggested redirecting subsidy resources towards providing a certain amount of energy units to tax-paying Nigerians and companies, promoting equitable access to electricity.
Highlighting the issue of proper metering, Engr Agoro urged the government to prioritize efforts to ensure that all Nigerians are adequately metered. He emphasized that accurate metering is essential for fair billing practices and efficient energy management.
Engr Agoro’s recommendations highlight the urgent need for collaborative efforts between stakeholders in the electricity sector. By addressing key challenges and driving sustainable development, Nigeria can ensure transparency, attract investment, and meet the energy needs of its citizens.
