DISCOs
4 days ago
Relevant stakeholders have sought sustainable funding of the power sector by state governments, distribution companies (DisCos), investors and interested parties.
15 Nov
All is not well with electricity distribution companies across the country as the state of the five utility firms, which were taken over by the Federal Government, commercial banks and Asset Management Corporation of Nigeria (AMCON) have little to show off one year after.
15 Nov
The Nigerian Electricity Regulatory Commission (NERC), in its second quarter report for 2023 showed that the Federal Government paid N135.23 billion to subsidise electricity consumption between April and June this year.
9 Nov
The Minister of Power, Adebayo Adelabu, yesterday said privatisation was not the right way to go for the country, rather commercialisation would have been better.
3 Nov
House of Representatives’ Public Accounts Committee (PAC) has summoned Central Bank of Nigeria (CBN) and 11 electricity distribution companies (DisCos) over $321 million and N18.2 billion loans for accelerated transmission distribution interface...
19 Oct
Despite dismal electricity supply averaging a daily load offtake of 3,200 megawatts, the Federal Government and end users, in the first six months of 2023, spent about N686.18 billion on subsidy or bill payment.
19 Oct
One of the major crises rocking the electricity sub-sector may remain for long due to inadequate metering of customers. Indeed, despite the two per cent change in the metering rate, the metering gaps have remained, resulting in about seven million unmetered customers.
17 Oct
Stakeholders in the power sector are pushing for leeway that would ensure a collaborative approach to resolving the challenges facing the power sector amidst poor supply of electricity across the country.
14 Oct
The Minister of Power, Chief Adebayo Adelabu, has met with the management team of power generating companies (GENCOs) and the distribution companies (DISCOs), urging them to improve on their performance.
25 Sep
Despite the despondent state of electricity supply in Nigeria, the Federal Government has spent nothing less than N2.8 trillion to subsidise electricity consumption from 2015 to June, 2023.
21 Sep
Nigerian Electricity Regulatory Commission (NERC) has ordered electricity distribution companies (DisCos) to reimburse customers who have paid for acquisition of meters under the Meter Assets Provider (MAP) initiative.
20 Sep
Nigeria's electricity supply once again faced a significant setback, with power generation plummeting from a peak of 3,594 mega watts around 1:00a.m. yesterday to a mere 42.7MW.
Latest
21 mins ago
President Bola Ahmed Tinubu and the Chairman, Nigerian National Petroleum Company Limited (NNPCL) Board, Chief Pius Akinyelure, are among the dignitaries expected to grace the prestigious yearly Idanre Day Celebration in Idanre, Ondo State.
28 mins ago
Group of Islamic leaders from Tijjaniyya, Kadiriyya, and Izala Islamic sects have called on Nigerian and democracy stakeholders not to subvert the will of the people of Kano State who came out massively to vote for Governor Abba Kabir Yusuf (Abba Gida Gida) in March 2023. The leaders said doing so may cause unnecessary anger…
39 mins ago
The House of Representatives member representing Kiru and Bebeji Federal Constituency, Kano State, Abdulmumin Jibrin, has dismissed reports that the New Nigeria Peoples Party (NNPP) is in talks with the Peoples Democratic Party (PDP) or other opposition parties for possible coalition ahead of 2027. In a statement he personally signed on behalf of NNPP House…
52 mins ago
Nigerians, irrespective of their class or status, have been assured of adequate and efficient supply of electricity to their homes. The General Manager, Transmission Company of Nigeria (TCN), Maiwada Sarki Bello Paiko, made the promise during a media chat with newsmen at the dam site in Shiroro Hydro Electric Power station, Shiroro local council of…
54 mins ago
The National Judicial Council (NJC) under the Chairmanship of Justice Olukayode Ariwoola, has recommended the compulsory retirement of Justice S. O. Falola of Osun State High Court from the Bench.
1 hour ago
Ohanaeze Ndigbo, the apex Igbo socio-cultural organization, has cautioned against the clandestine activities of individuals and groups who are obstructing and frustrating the release of Nnamdi Kanu, the detained IPOB leader. This was disclosed yesterday by Secretary General of Ohanaeze Ndigbo, Mazi Okechukwu Isiguzoro, who asserted that the identities of these individuals and groups will…
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A 17-year-old boy, Lawali Mori, has been arrested for unlawfully engaging in carnal knowledge with a rooster, in what the Adamawa State Police Command has classified as " against the order of nature."