Tuesday, August 11, 2020

Tag "Sunday Oduntan"

    DisCos: We’ve offered to return our licences twice — FG refused

DisCos: We’ve offered to return our licences twice — FG refused

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 [...]

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    EXTRA: Stop calling us NEPA if you want electricity, say DisCos

EXTRA: Stop calling us NEPA if you want electricity, say DisCos

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 [...]

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    New electricity tariff to kick in from April

New electricity tariff to kick in from April

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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    DisCos are responsible for meters, NERC tackles ANED

DisCos are responsible for meters, NERC tackles ANED

The Nigerian Electricity Regulatory Commission (NERC) says it is the obligation of the distribution companies (DisCos) to ensure that consumers are provided with meters under the Meter Asset Providers (MAPs) regulations. In a statement on Monday, the electricity regulatory body said majority of the DisCos that did not meet up the deadline for engaging the firms licensed by the organisation for [...]

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    Lai claims 7,000MW, Adesina says 4,500MW… what’s the truth about Nigeria’s power generation?

Lai claims 7,000MW, Adesina says 4,500MW… what’s the truth about Nigeria’s power generation?

Within 24 hours, two prominent figures have churned out conflicting figures on Nigeria's current power generation capacity. On Tuesday, Lai Mohammed, minister of information, said the country now generates 7,000 megawatts of electricity. A day after, Akinwumi Adesina, president of the African Development Bank (AfDB), pegged the figure at "around 4,500 megawatts". While speaking at a News Agency of Nigeria (NAN) [...]

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    DISCOs: Electricity tariff MAY go up in 2017

DISCOs: Electricity tariff MAY go up in 2017

The Association of Nigerian Electricity Distributor (ANED) says electricity tariff may go up again in 2017, but this time, "modestly". Speaking at a press conference in Lagos, John Donnachie, managing director and chief executive officer of Ibadan Electricity Distribution Company, said the Discos inherited a backlog of underinvestment, which must be surmounted. “In order to address shortfall, we need to borrow, and [...]

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