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 "Power sector"
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The Nigerian Electricity Regulatory Commission (NERC) has approved the reappointment of a twelve-member dispute resolution panel for the Nigerian Electricity Supply Industry (NESI). NESI is a coalition of stakeholders in the electricity supply chain consisting of the distribution companies and generating companies. In a statement on Monday, the commission said the reappointment is in line with market rules which provide for a [...]
The house of representatives has insisted that the proposed free electricity for Nigerians be implemented to cushion the effect of the COVID-19 pandemic on citizens. The DisCos had announced that they were working with the federal government to provide free two-month electricity as palliative to Nigerians. But the Transmission Company of Nigeria (TCN) said such a proposal is not feasible. In a statement on Thursday, [...]
Usman Mohammed, managing director of the Transmission Company of Nigeria (TCN), says the federal government cannot provide free electricity to Nigerians. The TCN is owned by the federal government, while the distribution and generation sub-sectors are controlled by private investors. The DisCos had announced that they were working with the federal government to provide free two-month electricity as palliatives to cushion the [...]
The Transmission Company of Nigeria (TCN) says the poor electricity supply in the country is as a result of the prevailing shortage of gas supply to power firms. On March 8, the transmission company had said the electricity supply challenge would be resolved in one week. However, in a statement on Monday the TCN noted that only three power generation companies (GenCos) [...]
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 Nigerian Electricity Regulatory Commission (NERC) says customers cannot transfer prepaid meters to another location once installed in an apartment. While clarifying issues surrounding the meter asset providers (MAPs), NERC said it is advisable for landlords to procure meters for their properties. The commission said any tenant who agrees to buy a prepaid meter for an apartment should work out a mode of compensation [...]
The Transmission Company of Nigeria (TCN) says the current power shortage being experienced across the country is as a result of low gas supply. According to a statement by Ndidi Mbah, TCN's spokesperson, the shortage constrained the electricity generation companies (GenCos) from producing enough power. The TCN said the electricity supply challenge will be resolved in one week as the management of [...]
President Muhammadu Buhari has approved the composition of a power sector reform coordination group under the leadership of Vice-President Yemi Osinbajo. In a statement, Nasir el-Rufai, governor of Kaduna state, said the new working group will incorporate the ongoing efforts of his committee to ensure all power sector initiatives are on the same page. El-Rufai was appointed as the head of the [...]
The Kaduna Electricity distribution company says it will disconnect the electricity supply of customers who reject the installation of prepaid meters in their premises. In a statement signed by Abdulazeez Abdullahi, its head of corporate communication, the DisCo said the cap on estimated billing by the Nigerian Electricity Regulatory Commission (NERC) is to accelerate metering of residential and commercial customers. The regulator [...]
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 [...]
The Nigerian Electricity Regulatory Commission (NERC) has capped estimated billing issued by electricity distribution companies (DisCos) to unmetered customers. This is contained in a directive given on Monday by the regulator to repeal the former methodology for computing estimated billing. NERC issued a new order on the capping of estimated bills in the Nigerian electricity supply industry (NESI). The commission said the move [...]
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 [...]
Some members of staff of the Nigerian Bulk Electricity Trading Company Limited (NBET) have applauded President Muhammadu Buhari's decision to reverse the suspension of Marilyn Amobi as the managing director. In a February 10 letter addressed to the president, the workers also listed what they described as Amobi's "key achievements" since her appointment in July 2016. Thirty-eight members of staff of the agency [...]
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 [...]
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