The Nigerian Electricity Regulatory Commission (NERC) says only two out of the 11 Electricity Distribution Companies (DisCos) in the country have metered up to 50 per cent of customers under their coverage areas as at September 2019. NERC, the regulator of the power industry, said the DisCos were Abuja Electricity Distribution Company and Benin Electricity […]
Here is the main problem with Nigeria’s electricity sector: Nigeria is Africa’s most populous nation, but it has failed consistently to generate, transmit and distribute enough electricity to power its development process and accelerate economic growth. Between 1999 and 2007, President Olusegun Obasanjo focused on the reform of the electricity sector as one of the […]
DisCos, an electricity distribution company in Nigeria has continued to show their disinterest in the distribution of electricity in the country. Sunday Oduntan, executive director of research and advocacy of the Association of Nigerian Electricity Distributors (ANED), made this known while reacting to a statement by Saleh Mamman, minister of power, that DisCos should either show they have […]
Nigeria Electricity Regulatory Commission (NERC) has ordered the eleven electricity Distribution Companies (DisCos) to hike their tariffs by an average of 50 per cent come April 1. In its memo to the commission, Ikeja Electric (IE) Plc said, the directive was in place, in order for them to meet the tariff shortfall funding targeted for […]
The Association of Nigerian Electricity Distribution Companies (ANED), on Monday, said that the Distribution Companies (DisCos) would enforce the new electricity tariffs from April 1. Mr. Sunday Oduntan, the Director, Research and Advocacy, ANED disclosed this in a statement in Abuja on Monday. Oduntan said that the present tariff shall remain the same until April […]
In order to ensure optimal utilization of resources for the provision of electricity services, the Nigerian Electricity Regulatory Commission (NERC), has ordered electricity distribution companies (DisCos) to transit into cashless collection of electricity bills. The new directive is contained in a document, jointly signed by its Chairman, James Momoh and Commissioner, Legal, Licensing and Compliance, […]
Abuja – The Electricity Distribution Companies (DisCos), have appealed to the National Assembly to intervene in the current liquidity crisis in the power sector. Mr Sunday Oduntan, the Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED) made the appeal in a statement in Abuja on Wednesday. The News Agency of Nigeria (NAN) […]
Motolani Oseni The 11 DisCos operating in the country realized a total sum of N116.9 billion from their customers in the first quarter of 2019, out of the total billing of N182.8 billion, Nigerian Electricity Regulatory Commission (NERC) First Quarter 2019 report revealed. The new report revealed that despite the increase in the amount of […]
…says Nigerians can’t continue paying for darkness Ukpono Ukpong – Abuja Frowned by media reports of Federal government’s plans to divest 40% of its shares in DISCOs and GENCOs, the organized labour has warned against any move to increase the electricity tariff noting that Nigerians rarely gets power in their houses even as factories are […]
…as consumers call for a review on privatisation Micheal Ajayi Abuja Electricity Distribution Company (AEDC), General Manager, Corporate Communication, Mr Oyebode Fadipe has said the pace of metering of electricity consumers is slow because of low liquidity in the sector. Fadipe made this disclosure on Thursday in an audience participatory programme of Radio Nigeria in […]
The Senator representing Lagos West Senatorial District at the upper chamber of the National Assembly, Olamilekan Solomon Adeola has promised to see to the end of estimated billings, otherwise called “crazy” bills by electricity distribution companies DISCOs in the country by sponsoring a bill on the floor of the Senate against estimated bills and compel […]
The Federal Government said it has taken advantage of the new Meter Asset Provider (MAP) regulations to give a grant of N37 billion to a private sector operator to supply meters to interested Distribution Companies (DisCos). Minister of Power, Works and Housing, Mr Babatunde Fashola, disclosed this at the 28th monthly meeting of power stakeholders […]
Electricity consumers in the South-East have urged electricity Distribution Companies (DISCOs) to strive to install pre-paid meters to all consumers to check over-billing and estimated billing that causes disagreements. The consumers made their feelings known Thursday in Enugu during a forum of the House of Representative Ad-Hoc Committee to Curb Excessive Electricity Charges, being Levied […]
The Consumer Protection Council (CPC) has appraised the interaction between the nation’s electricity Distribution Companies (DISCOs) and their consumers, declaring that arbitrary billing and group disconnection of electricity consumers without consideration for those paying their bills constitute a gross abuse of consumer rights. The Director General of the Council, Babatunde Irukera, said this in Abuja […]
Electricity Distribution Companies, DISCOs, Generation Companies, GENCOs, are currently receiving backlashes from their workers, under the platform of National Union of Electricity Employees, NUEE, for failing to provide working tools and other materials since the privatisation of the power sector four years ago. The union in a communiqué at the end of its National Executive […]
The federal government has commenced negotiations with operators of the Electricity Distribution Companies (DisCos) with a view to ceding some of their shares to accommodate new investors who would bring in more funds to increase their service delivery. The Minister of State for Budget and National Planning, Mrs. Zainab Mohammed, disclosed this at the end […]
Mathew Dadiya, Abuja The Electricity Distribution Companies (DisCos) in Nigeria may lose its ownership as the Federal Government on Thursday, disclosed that it will restructure the power sector to optimize the operations of DisCos in the country. President Muhammadu Buhari, represented by Zainab Ahmed, minister of state for Budget and National Planning, said this at […]
Nigerians are being exploited, cheated and robbed by the electricity distribution companies, and what should be rightly seen as the most irresponsible and annoying style of stealing from law abiding citizens is being ignored by many when the likes of the Nigeria Police and the EFCC who should be working day and night trying to […]
The verification of the N67billion Ministries, Departments and Agencies (MDAs) debt claims, which the 11 electricity distribution companies (DisCos) submitted to the Advisory Power Team (APT) of the Office of the Vice President, has saved the federal government a whopping N41,415,488,965. In its report dated June, 2017, the team recommended that N25,994,511,035bn be paid to […]
State governments are free to generate and distribute their own power, subject rules by the Nigerian Electricity Regulatory Commission. Heavy consumers of power also have the liberty to purchase energy from sources other than Distribution Companies (DISCOs) but will have to pay a rate between N30-N80 per kilowatt. This was stated in a communique issued […]