DISCOs
3 hours ago
Vice President Kashim Shettima has urged states to be more conscious in attracting investments into the electricity sector to recapitalise distribution companies (DisCos) and foster increased supply and access.
1 day ago
The Federal Government, yesterday, vowed to sell off the five electricity Distribution Companies (DisCos) now under the management of banks and Asset Management Company (AMCON) in the next three months to reputable technical operators.
3 days ago
Over 11.5 million electricity households and customers in Nigeria, who account for about 85 per cent of grid-connected electricity, have been thrown into darkness as the electricity supply industry moves to implement at least 20-hour power supply to some customers.
16 Apr
The electricity crisis in Nigeria has defied various attempts at solving the problem and giving Nigerians the benefits of enjoying stable electricity and a good quality of life for more than half a century. It is no secret that the nation’s power infrastructures were abandoned for several decades, by successive governments notwithstanding the exponential growth…
16 Apr
Nigeria’s power grid, operated from Osogbo in Osun State, collapsed in the early hours of yesterday, throwing the country into nationwide darkness amid ongoing furore over the hike in electricity tariff for premium consumers.
15 Apr
As Nigerians grapple with the latest hike in electricity tariffs, soaring from N66 to N225 per kilowatt, concerns arise regarding its implications on the effective delivery of essential public services.
15 Apr
The Federal Government’s blanket removal of electricity subsidy on beleaguered Nigerians is not only ill-timed, but it amounts to seeking a simple solution to an endemic problem laced with corruption and inefficiency that the government appears to conveniently overlook.
10 Apr
Minister of Power, Adebayo Adelabu, has said that power distribution companies (DisCos) that fail to supply 20 hours of electricity to customers in the Band A category will be sanctioned by the federal government. In a post on his official X handle, Adelabu said this is part of the adjustments made under the newly revised…
10 Apr
Nigeria, recently, began the process of implementing gradual increases in the end-user tariff for electricity to move towards a liberalised market, where the Federal Government no longer bears the burden of tariff shortfall
8 Apr
Amid growing opposition to the recent hike in electricity tariff, the Federal Competition and Consumer Protection Commission (FCCPC) has asked the Nigerian Electricity Regulatory Commission (NERC) to mandate distribution companies...
8 Apr
Businessman and publisher, The Street Journal Magazine, Mogaji Wole Arisekola has urged President Bola Tinubu to dissolve all Electricity Distribution Company (DisCos) managements in Nigeria and bring in new investors who will show strong commitment and patriotism to the administration's renewed hope agenda in the power sector. He urged the Federal Government to reverse the…
6 Apr
The Nigerian Electricity Regulatory Commission (NERC) has given 11 electricity distribution companies till April 11, 2024, to refund customers wrongly billed at the new rate.