Understanding Nigeria's electricity conundrum

Nigeria's power sector remains a topic of concern and contention, especially with the recent revelation from the Transmission Company of Nigeria that 11 electricity distribution companies are rejecting daily allocations of 1,000 megawatts. This revelation has sparked debates and discussions on the challenges facing the power sector in Nigeria. To shed more light on this issue, George Etomi, Director at Eko Electricity Distribution Company, joined CNBC Africa for an exclusive interview. Etomi highlighted several key points during the interview, providing insights into the complexities of the country's electricity distribution system. The key theme that emerged from the conversation was the need for better coordination and collaboration between the transmission and distribution companies to ensure efficient power allocation and minimize losses. Etomi emphasized the importance of aligning power allocation with revenue generation to sustain the industry and improve grid stability. He also addressed the issue of electricity theft, calling for consumer awareness and responsibility in curbing illegal practices. Etomi stressed the significance of technological solutions, such as smart meters, in detecting and preventing electricity theft. Another notable point discussed was the government's role in supporting the transmission infrastructure to enhance grid reliability and consistency. Etomi underscored the need for adequate funding for the Transmission Company of Nigeria to upgrade its network and address operational challenges. Overall, the interview provided valuable insights into the intricacies of Nigeria's electricity conundrum and the collaborative efforts required to overcome the sector's challenges.