Gencos seek inclusion in power reforms
Executive Secretary of the Association of Power Generation Companies (APGC), Dr. Joy Ogaji, has said side-lining stakeholders in the Nigerian Electricity Supply Industry (NESI), may thwart progress of the market.
Ogaji, in a document titled: “The Legality And The Role Of Associations In The Nigerian Power Sector,” argued that the country needs stakeholders to build a strong business environment in the privatised sector as well as promote business models that would generate the quantum of electricity that will positively impact the quality of life of Nigerians.
“NESI requires all stakeholders, inclusive of the various value chain associations, to partner and collaborate in the creation of an environment that helps promote policies, regulations and practices that will result in reduced costs, increase productivity, create jobs, and promote innovation. With associations at the table, based on collaboration and partnership with the government and its agencies, the likelihood for the turnaround of the ailing NESI is enhanced and not diminished,” she said.
Ogaji noted that the nascent nature of the electricity sector requires a determination of functional, regulatory and legal boundaries among the stakeholders and across the market, adding that the comparative paucity of electricity versus the level of economic development of the country demands a partnership and collaboration of all the players of sector.
In finding solutions to issues in the sector, she said trade and consumer associations have the capacity of bringing significant value to NESI.
“The trade associations, covering the spectrum of gas supply, generation, metering and distribution, while delivering different products, share a commonality of goals and objectives. They pursue advocacy that results in a fair and balanced business environment, with resultant benefits for consumers of cost-competitive, reliable and efficient products and services; as well as research, innovation and development of industry technical knowledge, knowledge sharing and promotion of best practices that will lead to efficiency of the sector,” Ogaji said.
She further observed that allowing the associations would also improve product and service delivery, resulting from market research, while they collaborate and partner with the government on measures that could address infrastructure deficiency, capital and investment inadequacy, high production costs, enabling policy and regulation and others.
To her, the group would also help in building consumer awareness on electricity-related matters – safe use of electricity, electricity efficiency, customer role and responsibility as well as training and certification that would result in a competent and productive workforce.
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