Epileptic power: DISCOs have failed Nigerians – SSEAC
Power distribution companies have failed Nigerians and showed no appreciable impact on the power sector since its privatisation three years ago, President-General of Senior Staff Association of Electricity and Allied Companies (SSEAC), Engineer Chris Okonkwo, has said. He also accused the distribution companies of defaulting in collection and payment to service providers in the sector contrary to the agreement they reached when they took over the assets from government. But Okonkwo, who spoke in Lagos at the weekend during his swearing-in as the president of the association, regretted that the government has not deemed it fit to call the companies to order with a view to ensuring compliance with due process. He said the fact that the Central Bank of Nigeria (CBN) gave the distribution companies over N200billion intervention fund while the former still cry wolves over electricity tariff and price of gas speak volume of the insincerity on the part of the companies. He al