Senate President Ahmad Lawan says the time has come to review or "probably reverse" the privatisation of the power sector. Speaking before Gabriel Suswam, senator representing Benue north east, moved a motion entitled "Power sector recovery plan and the impact of COVID-19 pandemic" on Tuesday, Lawan said if the distribution and generating companies are left the way they are, the country [...]
Tag "DISCOS"
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The electricity distribution companies (DisCos) say the proposed free electricity for Nigerians will be funded by the federal government. On Wednesday, the DisCos had said they were working to provide free electricity to all Nigerians for two months to mitigate the hardship caused by the COVID-19 pandemic. Stating the modalities for the proposal, Sunday Oduntan (pictured), Association of Nigerian Electricity Distributors (ANED) executive [...]
The 11 electricity distribution companies (DisCos) in the country say they are working to provide free electricity to all Nigerians for two months. In a statement on Wednesday, Sunday Oduntan, spokesperson of the DisCos, said this is to mitigate the hardship of Nigerians during the coronavirus pandemic. The executive director of research and advocacy, Association of Nigerian Electricity Distributors (ANED), the [...]
The ad hoc committee of the national economic council (NEC) says distribution companies (DisCos) owe the electricity market N230 billion as a result of inefficient collection system and under remittance. This is contained in the committee's report submitted to the NEC presided over by Vice-President Yemi Osinbajo in Abuja on Thursday. The NEC had appointed Nasir el-Rufai, governor of Kaduna state, as head of [...]
The eleven electricity distribution companies (DisCos) in the country received 172,833 complaints from consumers in three months. This is contained in the latest 2019 third-quarter report of the Nigerian Electricity Regulatory Commission (NERC). The commission said a majority of the complaints were centred around estimated billing, metering and service interruption. "During the third quarter of 2019, the eleven DisCos received a total of [...]
The Nigerian Electricity Regulatory Commission (NERC) says 5.8 million electricity users in the country are still on estimated billing. This is contained in the 2019 third-quarter report released by the commission. This figure represents 59.7% of the total registered electricity consumers in the country. According to the report, only Abuja and Benin DisCos had metered more than 50% of their registered electricity customers [...]
The federal government has ordered a forensic audit of the operations of the electricity distribution companies (DisCos). The decision was reached at the National Economic Council (NEC) meeting chaired by Vice-President Yemi Osinbajo on Thursday. Speaking with reporters at the end of the meeting, Philip Shaibu, deputy governor of Edo state, said governors were asked to submit details of their investment in the [...]
The electricity distribution companies (DisCos) say they have not received any subsidy from the federal government. In a statement on Tuesday, Sunday Oduntan, executive director of research and advocacy of the Association of Nigerian Electricity Distributors (ANED), said the N1.7 trillion the government claimed to have paid is to the power generation companies (GenCos). Saleh Mamman, minister of power, had said the [...]
Electricity distribution companies in the country say they have offered to return their licences to the federal government on two different occasions. Sunday Oduntan, executive director of research and advocacy of the Association of Nigerian Electricity Distributors (ANED), was reacting to a statement credited to Saleh Mamman, minister of power, that DisCos should either show they have enough capacity to distribute electricity or step [...]
The federal government has asked electricity distribution companies (DisCos) in the country to either show they have capacity or step aside for other investors. Sale Mamman, minister of power, gave the warning at the end of the federal executive council (FEC) meeting in Abuja on Wednesday. Mamman said the government cannot continue to subsidise electricity without "any positive outcome" in supply. The minister [...]
Usman Mohammed, managing director of the Transmission Company of Nigeria (TCN), says mistakes made during the privatisation of the power sector produced weak electricity distribution companies (DisCos). The sector was privatised in 2013 with the distribution and generation sub-sectors sold to core investors. Speaking in Lagos on Monday, Mohammed said the laws were adjusted to allow bidding companies without capacity take charge [...]
The Nigerian Electricity Regulatory Commission (NERC) has asked customers to report any distribution company (DisCo) that forces them to buy electricity equipment. In a statement on Friday, Usman Abba-Arabi, NERC'S general manager for public affairs, accused the DisCos of forcing customers to pay for the equipment as a condition for getting electricity supply. The NERC spokesman said if the customers are [...]
Sunday Oduntan, executive director of research and advocacy, Association of Nigerian Electricity Distributors (ANED), has asked Nigerians to stop calling its members NEPA. ANED is the umbrella body of electricity distribution companies (DisCos). Speaking during a programme on TVC, he said if Nigerians keep calling them NEPA, it means they don't want electricity. The National Electric Power Authority (NEPA) was in charge of [...]
Sharfuddeen Mahmoud, general manager, Nigerian Electricity Regulatory Commission (NERC), says 50 percent of Nigerians now have meters. Speaking before the house of representatives committee on power on Tuesday, Mahmoud said he could not tell the exact figure of meters installed by each of the electricity distribution companies (DisCo) under the meter asset providers (MAPs) scheme. The commission had ordered the DisCos to [...]
Femi Gbajabiamila, speaker of the house of representatives, has expressed concern over the planned increase in electricity tariff, saying such a measure must lead to stable power supply. Writing via his Twitter handle on Friday, Gbajabiamila also said such an increase must be cost-reflective, and not another means to exploit electricity consumers. He added that it must also be done only after [...]
The electricity distribution companies (DisCos) say they will begin the implementation of a new tariff from April. The Nigerian Electricity Regulatory Commission (NERC) had announced a review of the multi-year tariff order (MYTO) 2015 and the minimum remittance order (MRO). The regulator said it does not envisage an immediate increase in end-user tariffs until April 1 and a transition to full cost [...]
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