{"id":126350,"date":"2026-03-28T19:52:38","date_gmt":"2026-03-28T18:52:38","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=126350"},"modified":"2026-03-28T19:52:38","modified_gmt":"2026-03-28T18:52:38","slug":"power-sector-secrecy-enabling-inefficiency-group-reacts-to-crisis","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/power-sector-secrecy-enabling-inefficiency-group-reacts-to-crisis\/","title":{"rendered":"Power sector secrecy enabling inefficiency, group reacts to crisis"},"content":{"rendered":"<div style=\"text-align: justify;\">By Godswill Michael<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The President of the Nigeria Consumers Protection Network, Kunle Olubiyo, has criticised what he described as entrenched secrecy and poor data transparency in Nigeria\u2019s power sector, warning that the trend is enabling inefficiency and deepening the ongoing electricity crisis.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Speaking in a conversation with our correspondent on Saturday, Olubiyo said critical market data, particularly electricity invoices, should be made readily available in real time, rather than being treated as confidential information.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cData on electricity market invoices should be made readily available promptly and swiftly. These are ordinarily real-time public documents that should be accessed openly and seamlessly,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He lamented that data centralisation and transparency were largely absent in the sector, alleging that vital information was being handled like secret society material, thereby undermining accountability and efficiency.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">According to him, the Nigerian electricity sector must move away from what he termed a \u201csecret society approach\u201d and ensure that grid operations data, including broadcasts from the National Control Centre and the Nigerian Independent System Operator, are openly accessible to relevant stakeholders.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Olubiyo pointed to significant technological gaps, noting that the sector lacks critical infrastructure for data generation, collection, and aggregation. He stressed that the continued neglect of modern technologies such as smart grid metering, telemetry systems, and Supervisory Control and Data Acquisition (SCADA) was worsening operational inefficiencies.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He added that the prevalence of obsolete and poorly installed meters at grid interface points, as well as faulty or defaulting systems, creates room for manipulation and systemic inefficiencies within the electricity market.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cAs long as we continue to operate with outdated infrastructure and ignore modern metering and monitoring systems, the sector will keep experiencing gaming of the system and short-changing of consumers, the government, and other stakeholders,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Olubiyo warned that these structural deficiencies were fostering what he described as \u201csystemic conspiracy tendencies\u201d within the market, ultimately eroding trust and weakening service delivery.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Using a metaphor to describe the sector\u2019s condition, he likened it to \u201ca highly priced but rotten dry fish,\u201d suggesting that despite heavy investments, the system remains fundamentally compromised and requires specialised interventions to restore functionality.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The consumer advocate\u2019s remarks come amid growing tensions in the electricity market, particularly disagreements between the Federal Government and power generation companies over the reconciliation of sector debts.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The Minister of Power, Adebayo Adelabu, had recently stated that the government\u2019s liabilities to GenCos could be significantly lower than widely reported, noting that ongoing reconciliation efforts may reduce the figure to about N4tn from the often-cited N6.3tn.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He explained that earlier estimates of N4tn were audited down to N2.8tn due to interest and foreign exchange components, adding that discussions were still ongoing with some generation companies. Adelabu also disclosed that about 60 per cent of the debt relates to gas supply obligations.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">However, GenCos have rejected the government\u2019s position, insisting that any reconciliation must involve all stakeholders. The Executive Secretary of the Association of Power Generation Companies, Joy Ogaji, said the last joint reconciliation meeting was held in March 2025, questioning the basis for the government\u2019s revised figures.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">She emphasised that accurate debt figures could only emerge through a comprehensive and transparent verification process, noting that multiple cost components, including unpaid invoices, capacity payments, foreign exchange differentials, and ancillary service costs, must be properly accounted for.<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Godswill Michael The President of the Nigeria Consumers Protection Network, Kunle Olubiyo, has criticised what he described as entrenched secrecy and poor data transparency in Nigeria\u2019s power sector, warning&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":126351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-126350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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