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Power Distribution Companies

Negative income from PHCN sale?

Public expectation for adequate and stable power supply may have been raised when President Goodluck Jonathan handed over share certificates to private investors in five generation companies (GENCOs) and ten distribution companies (DISCOs) which were created from the unbundled Power Holding Company of Nigeria (PHCN).

Recent Stories

Trader allegedly bathed neighbour with hot pepper

A 27-year-old trader, Uloma Mogaji, who allegedly bathed her neighbour with hot pepper paste during a fight, was on Thursday brought before a Tinubu Magistrates’ Court in Lagos.

Businessman in court over alleged attempt to defile minor

A 43-year-old businessman, Nwajide Ekenenna, was on Thursday arraigned by the police in an Ikeja Chief Magistrates’ Court, Lagos, for attempted sexual intercourse with a minor.

Niger government approves N145 million to determine quantity of crude oil deposit

The Niger Government on Thursday said that it had approved N145 million for a consultation into determining the quantity of hydro-carbon (crude oil) deposit in the state.

Femi Adesina: Presidency didn’t tamper with APC convention committees

The Presidency on Thursday said there was no truth in the allegations that it substituted some members of the ruling All Progressives Congress’ sub-committees for the national convention.

President Buhari appoints new PSC chairman, others

A former Inspector General of Police (IG), Musiliu Smith, and a former justice of the Supreme Court, Clara Bata Ogunbiyi, have been named by President Muhammadu Buhari into the Police Service Commission (PSC) as members.