Nigerians consumed N693 billion worth of electricity in one year
The Association of Nigerian Electricity Distributors (ANED) otherwise known as DisCos, yesterday, said electricity users in the country consumed 21,650GWH of energy
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...
DisCos dismiss FG’s takeover of power firms
Association of Nigerian Electricity Distributors (ANED) has dismissed reports that the Federal Government will take over some distribution facilities.
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 calls for understanding over outage in Benin
The Association of Nigerian Electricity Distributors, ANED, has called for better understanding in the ongoing row between the Governor of Edo State, Godwin Obaseki...
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 urge government to tackle power transmission challenges
Electricity Distribution Companies (DISCOs), have identified low Transmission owing to persistent directive from the National Control Centre (NCC), to Generation Companies...
As DISCOs throw in the towel
Keen observers and genuine opponents of privatisation of the power sector must be giggling at the recent turn of events. Core investors of Electricity Distribution Companies...