Ikeja Disco, one of the licensed energy companies in Lagos, has an arrangement called a “bilateral power agreement” that provides 24 hours of uninterrupted power supply to residents who have signed an MOU with them.
Now this is how it works:
The bilateral initiative is a power purchase agreement that entails a commitment to specific service level standards while the customer agrees to pay a specific tariff.
Let me explain.
Let’s say for instance, that the approved power tariffs for power approved by the power regulator Nigerian Electricity Regulatory Commission (NERC) is 3 naira per kilowatt.
Under the special arrangement with Ikeja Disco, Chukwudi Iwuchukwu is expected to pay more than what the regulator approved, like 7 naira per kilowatt.
It is more expensive but it is worth it.
The benefits are that you are guaranteed a 24-hour power supply at best and a 22-hour supply at worst.
The reason why this works is this: Ikeja Disco will pay attention by giving priority to the neighborhoods that pay more for light over those that pay less.
Lagosians who are under this bilateral agreement with Ikeja Disco enjoy so many benefits that include
24 hours supply
An advanced warning and notice are given whenever Ikeja disco engineers want to carry out maintenance, along with a clear estimate of how many hours the blackout will last.
No other person in Lagos enjoys premium service except customers under this bilateral agreement with Ikeja Disco.
Ikeja GRA is one of the neighborhoods that signed up for this bilateral agreement with Ikeja Disco, and because of this:
Residents of Ikeja GRA, including businesses, have never had it this good when it comes to power supply.
Hotels in Ikeja GRA don’t use their generators again because they are sure of an uninterrupted power supply which is one of the ripple effect of this arrangement.
This is the same arrangement that Governor Chukwuma Soludo went into Enugu disco today, which is to give Anambra 24 hours of power supply in exchange of Ndi Anambra paying higher tariffs that will pay for the uninterrupted power supply.
I was told that this special arrangement will start with 3 cities, namely Awka, Onitsha, and Nnewi, after Enugu Disco is done building substations in these locations before it is scaled to the rest of the communities in Anambra state.
Starting with these 3 cities is like a pilot scheme to test the arrangement before scaling.
I’m a big fan of Alex Otti and Chukwuma Soludo.
Aside from being accomplished technocrats, they are our last chance, our last hope in redeeming our country and our fragile democracy.
I’m not interested in Soludo’s politics and hubris, but I’m a big fan and honestly want him to succeed.
We need to develop our land by turning it into a livable, prosperous region, the way the Jews have done.
This is the only way we can get revenge on what happened in Lagos on Saturday.
Because many of us really need to move back to the east.
But beyond this, we need leaders with a bold vision for how to transform our homeland.
Alex Otti and Soludo are the poster boys of this grand vision for the broader prosperity of Igbo land, and that is why:
They must succeed.
It is in our collective interest that they do.
Our land must work in our lifetime.
Today, I signed a Memorandum of Understanding with Enugu Electricity Distribution Company (EEDC) to ensure that power supply in the state is available 24 hours a day, seven days a week. The signing of the MoU took place today at the Anambra State Executive Council Chambers, Government House, Awka.
Today is a historic day for the people and the state. I acknowledge that this signing will completely translate into positive changes, which is critical for the journey towards a liveable and prosperous homeland that cannot be achieved without a continuous supply of power.
Long before I was sworn in as Governor of Anambra, I recognized the importance of power and deeply considered how it could be achieved in the shortest period of time for at least three to four major cities in the state
What we did today was to consummate that marriage. The courtship began over a year ago, and I am overjoyed that the marriage has finally been consummated today.
We must all work together to ensure that we have a stable and continuous power supply in Anambra State.
Anambra will continue to win!
CC Soludo CFR