Thursday, April 25, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "DISCOS"

Fashola: It’s not govt’s problem if you don’t have power

    Fashola: It’s not govt’s problem if you don’t have power

Babatunde Fashola, minister of power, works and housing, says the federal government should not be blamed for the problems in the power sector. According to PUNCH, Fashola made the remark

0 comment Read Full Article

NERC: Four million electricity customers still without prepaid meters

    NERC: Four million electricity customers still without prepaid meters

The Nigerian Electricity Regulatory Commission (NERC) says more than four million electricity customers in Nigeria are still without prepaid meters. In its 2018 second quarter report, the commission disclosed that

0 comment Read Full Article

FG to review performance of DisCos in 2019

    FG to review performance of DisCos in 2019

The Bureau of Public Enterprises (BPE) says it will embark on a final performance review of the electricity distribution companies (DisCos) by 2019. In a statement, Alex Okoh, director-general of

0 comment Read Full Article

NERC: DisCos’ poor remittances deepen liquidity challenge in power sector

    NERC: DisCos’ poor remittances deepen liquidity challenge in power sector

The Nigerian Electricity Regulatory Commission (NERC) says poor remittances by electricity distribution companies (DisCos) to the Nigerian Bulk Electricity Trader (NBET) has deepened liquidity challenge in the sector. In the

0 comment Read Full Article

NERC: Electricity consumers’ complaints declined in Q3 2017

  NERC: Electricity consumers’ complaints declined in Q3 2017

The Nigerian Electricity Regulatory Commission says electricity distribution companies (DisCos) received 109,048 complaints from consumers in the third quarter of

0 comment Read Full Article

Fashola: FG’s N701bn fund raised power generation by 3,000MW

  Fashola: FG’s N701bn fund raised power generation by 3,000MW

Babatunde Fashola, minister of power, works and housing, says the N701bn payment assurance guarantee fund for electricity generation companies (GenCos)

0 comment Read Full Article

Power generation: Fashola replies DisCos, says Nigerians traumatised by your service

  Power generation: Fashola replies DisCos, says Nigerians traumatised by your service

Babatunde Fashola, minister of power, works and housing, has reacted to claims by electricity distribution companies (DisCos) that he misled

0 comment Read Full Article

FG to review power sector privatisation

  FG to review power sector privatisation

President Muhammadu Buhari says his government will restructure the power sector to optimise the operations of electricity distribution companies (DisCos). The

0 comment Read Full Article

Investors call for restructuring of power sector

  Investors call for restructuring of power sector

Some participants at the Nigerian Economic Summit holding in Abuja have called for the restructuring of power. Tony Elumelu, chairman

0 comment Read Full Article

FG approves N25.9bn to settle debt owed DisCos

  FG approves N25.9bn to settle debt owed DisCos

The federal executive council (FEC) has approved the payment of N25.99 billion debt owed by ministries, departments, and agencies (MDAs)

0 comment Read Full Article
error: Content is protected from copying.