Home Topics Association of Nigerian Electricity Distributors
Association of Nigerian Electricity Distributors
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday served notices to eight electricity distribution companies (DISCOs) of its intention to revoke their operational licences if they fail within 60 days to remedy alleged ‘breaches of the terms and conditions of their power purchase agreements’.
An end to the erratic power supply in Nigeria is far from sight. Reason: Nigeria’s power sector losses have risen to N332.4 billion due to insufficient gas supply, distribution and transmission infrastructure between January and July, 2019.
Electricity Distribution Companies (DisCos) in Nigeria have called for the creation of an enabling environment to ensure cost recovery and further drive investments in the nation’s power sector.
The rise in the bill collection efficiency of electricity distribution companies to N438bn without a commensurate improvement in supply and metering has been criticised by consumers.
Electricity Distribution Companies (DisCos) say the non review of the Multi-Year Tarrif Order (MYTO), since February 2016 had resulted in the accumulation of over N1.4trillion shortfall in the nation’s electricity market.
Electricity Distribution Companies say the non-review of the Multi-Year Tarrif Order, since February 2016 had resulted in the accumulation of over N1.4trillion shortfall in the nation’s electricity market.
The Association of Nigerian Electricity Distributors (ANED) says the constitution empowers it to protect the interest of electricity distribution companies (DisCos).
The Nigerian Electricity Regulatory Commission (NERC) has warned the Association Of Nigerian Electricity Distributors (ANED) to steer clear of policy directives in the power sector.
The Association of Nigerian Electricity Distributors (ANED) yesterday reacted on the Nigerian Electricity Regulatory Commission (NERC) opposition to its activities, saying the association has no legal backing to protect the interests of the distribution companies (DisCos) just like other associations in the power sector.
Power generation companies (Gencos) in Nigeria have listed six conditions that must be met by the federal government or they shut down their operations.
Operators of the electricity distribution companies (Discos) in Nigeria’s power sector have kicked against the federal government’s selection of the Transmission Company of Nigeria (TCN) to manage the N72 billion financial investment it intends to put in the Discos’ networks.
The Nigeria Sovereign Investment Authority (NSIA) on Thursday said it paid about $417.46 million to the country’s electricity bulk trader, the Nigeria Bulk Energy Trading Company Plc (NBET).
The Eligible Customer policy introduced by the Federal Government in the power sector will lead to a 14 per cent increase in the electricity tariff payable by residential consumers across the country, power distribution companies have said.
DisCos, investors urge federal government to provide solution to N1.3 trillion electricity tariff gap
Electricity Distribution Companies and investors in the distribution chain have called on Federal Government to bridge the N1.3 trillion electricity tariff gap to enable DisCos meet their performance agreement with the government.
The Association of Nigerian Electricity Distributors, says that Nigeria may not have stable power supply in the next five years except the challenges confronting the sector are addressed.
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