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Electricity Distribution Companies

Ex-VP Sambo: I don’t own shares in Kaduna Disco

Former Vice President, Namadi Sambo, has described as ‘total falsehood and fallacy’ a story linking him to ownership of Kaduna Electric Power Distribution Company of Nigeria (KAEDCO).

NERC gives DISCOs ultimatum to settle debts, address breaches

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’.
The Speaker of the House of Representatives, Femi Gbajabiamila, has approved the appointment of Olarewaju Lasisi as his senior special adviser on media and public affairs. 2

Speaker Gbajabiamila: Nigerians must get electricity supply they pay for

The Speaker of the House of Representatives, Femi Gbajabiamila, has said the lower chamber of the National Assembly would ensure that Nigerians get adequate supply for the electricity they pay for.

Federal government, Siemens agreement key to Nigeria’s power sector improvement – EKEDC chief

The Federal Government of Nigeria, on the 26th of July, signed an agreement with the German company, Siemens, to help the nation’s power sector.
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

Power generation dips to 2,970.3 MwH

The electricity generation companies (Gencos) said power generation which was 3,183.2megawatts (Mw) on Saturday dipped to 2,970.3Mw Sunday.

NERC makes u-turn on electricity tariff hike

The Nigerian Electricity Regulatory Commission (NERC) appears to be at crossroads over its recent announcement on increase in electricity tariff across the eleven Electricity Distribution Companies (DisCos), as it has denied any such hike.
The Kaduna Electricity Distribution Company on Monday appealed to residents of Ibrahim Taiwo Road in Kaduna to bear with it over the power outage being experienced by the residents.

Power supply: Federal government urged to provide 40 percent funding stake to DISCOS

Some stakeholders in the power sector have called on the Federal Government to fulfill its 40 per cent funding to electricity distribution companies (DISCOS) to enable them function effectively.
The Ibadan Electricity Distribution Company, IBEDC, has appealed to its customers to go through the proper channel and avoid fraudulent activities in meter collection.

Consumers vow to resist electricity hike

Consumers of Electricity product and other Stakeholders, yesterday vowed to resist implementation of the new power tariff increase announced by the Nigerian Electricity Regulatory Commission, NERC, expected to become effective from July 2020.

BPE: Federal government, Siemens power project takes off December

Barring any unforeseen circumstances, the implementation of the agreement which the Federal Government signed with Siemens for the resolution of challenges in the power sector will take off in December.
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

BPE: Siemens power sector roadmap to commence by year-end

The implementation of the technical and commercial proposal on electrification roadmap for Nigeria by Siemens Group will commence by the end of the year, the Director-General, Bureau of Public Enterprises, Alex Okoh, has said.
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

Report: Why stable power supply’ll remain a mirage

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.
Power

Federal government now to break monopoly on power distribution

Not comfortable with the inability of the Electricity Distribution Companies to live up to their responsibilities, the Federal Government is to focus critically on the power sector in order to break the monopoly on power distribution.
Power

System collapse: Discos deny dropping load allocation

Electricity Distribution Companies (DisCos) Monday denied the allegation of the Transmission Company of Nigeria (TCN) that the system collapse that was experienced on Sunday was “due to high voltage following massive drop of load by the electricity distribution companies.”

TCN blames load drop by Discos for transformer explosion in Benin

The management of Transmission Company of Nigeria (TCN), says massive load drop by electricity distribution companies was responsible for the system collapse to the national grid, occasioned by the fire outbreak that gutted their transformer in Benin, Edo State.

TCN records another system collapse

Business and other activities were scuttled nationwide, yesterday, following the system collapse recorded by Transmission Company of Nigeria, TCN.

Federal government orders disconnection of three Discos from national grid

The Federal Government has ordered the disconnection of three electricity distribution companies (DisCos) from the national grid over “non-compliance with the conditions of market rules”.

Federal government moves to cut off Enugu Disco, two others from national grid

The federal government has ordered the disconnection of three electricity distribution companies from the national grid over “non-compliance with the conditions of market rules”.
Power

DisCos seek measures to drive power sector investment

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.

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Deputy Chief Whip of the Senate, Senator Aliyu Sabi Abdullahi; Deputy Senate President, Ovie Omo-Agege; President of the Senate, Ahmad Ibrahim Lawan, and Chairman of Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay, during the courtesy visit by PACAC to the Senate President at the National Assembly on Thursday, November 21, 2019.

Itse Sagay applauds Senate’s leadership for commitment to service

Chairman of Presidential Advisory Committee on Anti-Corruption (PACA), Prof. Itse Sagay, on Thursday applauded the leadership of the ninth Senate for its commitment to service of the country.
Deputy Chief Whip of the Senate, Senator Aliyu Sabi Abdullahi; Deputy Senate President, Ovie Omo-Agege; President of the Senate, Ahmad Ibrahim Lawan, and Chairman of Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay, during the courtesy visit by PACAC to the Senate President at the National Assembly on Thursday, November 21, 2019.

Senator Lawan: Senate yet to receive request from President Buhari for Ibrahim Magu’s confirmation

President of the Senate, Ahmad Lawan, on Thursday said the Senate is yet to receive any formal request from President Muhammadu Buhari for confirmation of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu.

Edo new police commissioner reads riot act to criminal elements

The new Commissioner of Police deployed to the Edo State Police Command, CP Lawal Tanko Jimeta, yesterday, said he would be firm in carrying out his duty in order to ensure the safety of lives and property of the citizens of the state.
Chidi Izuwah

Federal government approves PPP projects worth $8 billion in eight years

Mr Chidi Izuwah, the Director-General, Infrastructure Concession Regulatory Commission (ICRC) has said that the Federal Government approved Public-Private Partnership (PPP) projects worth eight billion dollars between 2010 and 2018.
Power

Federal government to review ownership of electricity distribution companies

The National Economic Council, NEC, yesterday resolved to review the status of the ownership structure of the power distribution companies in the country.