Fix refineries, stakeholders challenge government
While some countries are assuaging the challenges faced by their citizens amid COVID-19, decades of bad governance and waste of resources are compounding the agonies of Nigerians.
Coronavirus puts flawed electricity tariff hike to test
Nigeria’s electricity supply industry faces yet another regulatory summersault, as the National Assembly, on Monday, toppled plans to increase cost of electricity supply by as much as 50 per cent.
Why tariff increase won’t solve power sector woes
The financial crisis rocking Nigeria’s electricity sector might not abate despite the move by the Federal Government to increase tariff next month. Privatised in 2013 to reverse epileptic power supply and survive without overdependence on government resources...
DisCos fume as NERC distances self, FG from tariff increase
The electricity distribution companies have expressed shock over the Nigerian Electricity Regulatory Commission (NERC) distancing itself from the planned increase in the tariff
6 million households await meters as DisCos brace for new electricity tariff
Despite unmet metering gaps to over six million customers/households, some electricity Distribution Companies (DisCos) have begun to inform customers that tariff will rise from July 1
Ikeja Electric meters over 120,000 households
Ikeja Electric Plc (IE), said it has metered over 120,000 households between 2018 and June 2020, in line with its commitment to bridging its metering gap. Spokesman for the distribution company (DisCo), Felix Ofulue, said to achieve the mandate of the Nigerian Electricity Regulatory
How new investment may reduce technical, commercial losses in DisCo
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.
Privatisation of power sector and calls for reversal
Should Nigeria allow the private sector to continue the ownership of the nation’s power infrastructure, or return the sector to the days when government was in charge of electricity supply?
‘DisCos, GenCos blackmailing government to bear costs of their inefficiency’
The plain assessment is that we have not achieved the strategic objective of the privatisation. I think it is better to talk about the over 16 years of the power sector reform.
Criticisms trail NBET’s board structure, movement to finance ministry
Some stakeholders in the nation’s power sector have expressed divergent opinion over the constitution of the new board of the Nigeria Bulk Electricity Trading Company as well as the movement of the agency