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Tag: DISCOs

Discos say you can blame the NERC for the increase in your next light bill

Do you remember when it was announced earlier this year that the Nigerian Electricity Regulatory Commission (NERC) had approved permissions for the Disco's was going to increase light tariffs on…

Bernard Dayo 5 years

The Big 5: Implementation of new minimum wage will soon commence – Buhari tells workers; FG moves to cut off three DisCos from national grid | Other top stories

Here are the stories that you should be monitoring today: Implementation of minimum wage will soon commence - Buhari tells workers Buhari on Thursday assured Nigerian workers that implementation of…

Omoleye Omoruyi 7 years

NLC, among other things, urges FG not to release another Paris Club refund

The Nigeria Labour Congress (NLC) has asked President Muhammadu Buhari not to release the third another tranche of the Paris Club refund to state governors until they commit to use…

Azeez 7 years

You have no excuse for not satisfying consumers, Fashola blasts power firms

Minister of Power, Works and Housing, Babatunde Fashola on Monday told power distribution companies (DisCos) that Nigerians were tired of excuses over lack of electricity. The minister told the DisCos…

Op-ed Editor 7 years

Oluwafemi Adebule: Why Nigerians do not have light

by Oluwafemi Adebule Overview of The Nigerian Power Sector Today, Nigeria generates at best 5,200MW of power. In all honesty, that was during a peak in September 2016, and that…

Azeez 7 years

“Govt agencies, military owe power distribution companies N88bn”

Government Ministries, Departments and Agencies (MDAs) owe power distribution companies N88.6bn, Association of Nigerian Electricity Distributors has said. Executive Director, Research and Advocacy, Sunday Oduntan said the distribution companies will…

Oludolapo Adelana 7 years

Power sector licenses were issued to cronies, incompetent hands – Saraki (READ)

President of the Senate, Bukola Saraki says the country failed in the privatisation of the power sector. Speaking while delivering a speech at a 2-day stakeholders interactive dialogue workshop on the…

Oludolapo Adelana 7 years

Improve your services or quit, Fashola tells DISCOs

Minister of Works, Power and Housing, Babatunde Fashola on Monday told electricity distribution companies in the country to either improve their service delivery or quit business. Fashola gave the warning…

Oludolapo Adelana 8 years

Power generation rises to 3061mW

The Transmission Company of Nigeria (TCN) Tuesday sent out 3,061megawatts (Mw) of electricity generated by the electricity generation companies to the 11 distribution companies (DisCos). The Nigerian Electricity System Operator…

Isime Esene 8 years

Now that the NDA has agreed to a ceasefire: 4 things we expect to see

Tolu Omoyeni The Niger-Delta Avengers (NDA) announced two days ago that they will cease to attack the oil-producing region in Nigeria and proceed negotiations with the federal government. The decision…

Oludolapo Adelana 8 years

Vandalism: Electricity supply dips by 4446mW

The frequent attacks on gas pipelines by various militant groups in the Niger Delta has had an adverse effect on the nation's power supply as it dipped on Sunday by…

Op-Ed Editor 8 years

Uzoma Erondu: The fraud (or schadenfreude) called Estimated Billing (Y! Naira&Kobo)

John, a friend of mine moved into an apartment in a sub-urban area of Lagos in the early months of 2013, and it turned out to be one without an…

Mazi Emeka 8 years

Why FG is at the mercy of power companies

The Minister of Power, Works and Housing, Babatunde Fashola, on Thursday, disclosed that the federal government lacked the right to sanction power generation and distribution companies operating in Nigeria because…

Adebayo Emuleomo 8 years

Again, court orders NERC, DISCOs to ‘halt’ electricity tariff hike

A Federal High Court in Lagos has again ordered that the Nigerian Electricity Regulatory Commission be barred from hiking electricity tariff. The court, which sat on Monday, February 29 and was…

Isime Esene 10 years

@TunjiAndrews analyses – FG backed loans key to power sector growth

by Tunji Andrews Nigerians have continued to express mixed reactions to the reported N213 billion bail-out fund meant to assist companies that bought over the unbundled Power Holding Company of…

10 years

Opinion: Is 24-hour power supply in Nigeria a pipe dream or reality?

by Oseloka Zikora For now, some like Amaka are beginning to occasionally enjoy the dividends of the ongoing power sector reform and we should say kudos to the Power Minister,…

10 years

Les Leba: Negative income from PHCN’s sale

by Les Leba Curiously, therefore, despite the alleged infusion of over $12bn to supplement existing PHCN assets by former president Olusegun Obasanjo, current Power Minister, Chinedu Nebo, recently also observed…

11 years

Ijeoma Nwogwugwu: As sale of power assets enters home stretch

by Ijeoma Nwogwugwu It is not just bidders that are losing sleep over where to raise funds for the distribution and generations companies. Even sensible Nigerian banks, which have become…

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