Sen. Gabriel Suswan, the Chairman Senate Committee on Power says the senate has no plans to reverse the privatisation of the power sector.

The Federal Government has doused tension on the purported revocation of licences of distribution companies (DisCos), stressing that there is need to make the sector work.

With over 40 per cent Aggregate Technical and Commercial (AT&C) loses being recorded by distribution companies in Nigeria, a new investment coming into the power sector may offer the industry reprieve from the worsening financial crisis.

Federal Government’s continuous subsidy for electricity consumption in Nigeria is unsustainable, Managing Director, Abuja Electricity Distribution Company (AEDC)

A cross-section of electricity consumers in the Federal Capital Territory (FCT) Abuja on Wednesday rejected the proposed increase in electricity tariff.

AN employee of the Abuja Electricity Distribution Company (AEDC) was yesterday afternoon stabbed to death in Kabusa area of the Federal Capital Territory (FCT), Abuja, while one other colleague of the deceased escaped with serious injuries following an attack by assailants.

A power evacuation project designed by the Transmission Company of Nigeria (TCN), may address epileptic power supply in the country, especially in parts of the northern region...

Since the privatisation of the power assets, it has been series of blame game between operators and lamentation of losses with quest to increase tariff without necessarily improving the quality of service.

The Nigerian Electricity Regulatory Commission (NERC) says six out of eight Power Distribution Companies (DisCos) have complied or substantially complied with the approved minimum remittance

The crisis rocking the ownership of Abuja Electricity Distribution Company (AEDC) may be far from over, as one of the investors, CEC Africa Investments Limited (CECA), insisted that its partner,

No less than N11 billion has been invested in metering electricity consumers in Kogi, Abuja, Nasarawa and Niger States as part of efforts to bridge the shortfall in metering gap and reduce estimated billing of consumers in the country.

CEC Africa yesterday, in Abuja, said the company paid $81 million cash and raised $123 million loan security before acquiring Abuja Electricity Distribution Company (AEDC).