Stop enriching DISCOs with public funds, Senate urges FG

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The Senate has urged the Federal Government to stop using public funds to indirectly enrich private electricity distribution companies, DISCOs. During plenary today, Chairman of the Senate Committee on Environment, Senator Yunus Akintunde, described the current approach as unjust and unsustainable. He decried the practice of government purchasing transformers for communities, only for DISCOs to take ownership. Akintunde called for a better-structured subsidy regime that truly serves the public. He also criticized the imbalance in the power sector, pointing out that while generation and distribution have been privatized, transmission remains government-controlled, despite being outdated and underutilized.

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