Dr Elijah Adakole, Head, Corporate Communications, Jos Electricity Distribution Company (JEDC), says the reoccurring national power grid collapse is affecting Distribution Companies’ (DISCOs) revenue generation.
Adakole, who said this in an interview on Saturday in Jos, explained that most of JEDC’s customers for instance, were on the company’s pre-paid metering system, which meant they would only pay for energy consumed.
He, therefore, noted that the unavailability of power to distribute to consumers would invariably lead to zero revenue collection, a situation that would lead to serious financial losses.
According to Adakole, the incessant collapse of the grid, also has a devastating impact on the economy as most businesses are dependent on electricity at both the macro and micro levels.
He called on the Federal Government to seek long lasting solutions to the issue.
Mr Steve Aluko, a civil society activist, said the recurring collapse of the grid should be of great concern because of its devastating consequences on the country’s economy and wellbeing of citizens.
Mr Samson Benson, a welder, said the lack of electricity supply was crippling his business.
Benson expressed worry that he was not making profit and also could loose his clients because of his inability to deliver at the scheduled time due to power challenge.
‘Most of the profit I would have made, was expended in the purchase of diesel to power my generating set to enable me work.
“Even at that, I wasn’t able to deliver my clients items as scheduled, due to the unavailability of electricity,” he said.
Benson appealed to the government to proffer a lasting solution to the incessant grid collapse as most businesses were dependent on electricity.
Similarly, Mrs Alice Dung, a salon operator, said the lack of power supply was affecting her business negatively as she was now unable to offer all her clients’ required services.