Grid collapse triggers nationwide blackout
Again, Nigeria’s electricity supply suffered a major setback yesterday as the national grid, operated from Osogbo in Osun State, collapsed and plunged many parts of the country into darkness.
‘Why gas pricing is critical to power sector growth’
The growth of the power sector may remain elusive, if the Federal Government fails to address the challenges facing gas pricing in Nigeria, the power distribution companies have said.
DisCos insist companies paid all FG, state taxes
The Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, yesterday, said electricity distribution...
Again, DisCos at loggerheads with TCN over transmission infrastructure
Electricity distribution companies under the umbrella of Association of Nigerian Electricity Distributors (ANED), yesterday, insisted that the inefficiency in electricity transmission infrastructure...
How lack of tariff review costs power sector N1.4tr, by DisCos
Federal Government’s inability to periodically review power sector’s Multi Year Tariff Order (MYTO) has resulted to a loss of over N1.4 trillion.
Government owes generation companies N701b in two years
About N701 billion invoices submitted by the electricity generation companies (GenCos) between the last quarter of 2016 and third quarter of 2018 is yet to be settled by the Nigerian Bulk Electricity Trading (NBET). NBET, managed by Dr. Marilyn Amobi, was set up in 2010 as the administrator of the country’s electricity pool. It buys…
ANED says it has right to protect Discos
The Association of Nigerian Electricity Distributors (ANED) has told the Nigerian Electricity Regulatory Commission (NERC) it has legal backing to protect interests of the Distribution Companies (DisCos).
DisCos flay TCN’s N72 billion investment in networks
Electricity distribution companies (DisCos) have frowned at a N72 billion investment by the Transmission Company of Nigeria (TCN) in the networks without recourse to the managers.