Electricity Distribution Companies (DisCos), yesterday, denied influencing the suspension of eligible customer policy, which allows direct connection of electricity consumers from generation plants without the utility companies.
1 Jul 2020
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.
19 Aug 2019
Association of Nigerian Electricity Distributors (ANED) has dismissed reports that the Federal Government will take over some distribution facilities.
6 Mar 2019
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…
20 Aug 2018
Electricity Distribution Companies (DISCOs), have identified low Transmission owing to persistent directive from the National Control Centre (NCC), to Generation Companies...
8 Aug 2018
The Association of Nigerian Electricity Distributors (ANED), has said that until the liquidity crisis is sorted, Nigerians cannot enjoy uninterrupted power in the next five years.
1 Aug 2018
The Federal Government has approved N72 billion to enable Electricity Distribution Companies (DisCos) step up electricity generation.
20 Jul 2018
Industry experts have predicted tougher times for the nation’s electricity distribution companies (Discos), contending that the problem was not just about huge financial shortfall...
28 Nov 2017
The Association of Nigerian Electricity Distributors (ANED) has said the removal of Eligible Customers from the Electricity Distribution Companies...
19 Jul 2017
The Federal Government has said that Nigeria’s power sector required an investment of $5billion (N1.8 trillion) in the next five years to solve transmission challenges.
17 Dec 2016
The liquidity crisis is getting worse and a major reason for that is the foreign value of doing the business. No single Disco is making profit as at today, because we are only struggling to recover our cost.
23 Nov 2016
The Nigeria power sector has been troubled by high technical losses, lack of cost recovery, vandalism, low equipment reliability, non- payments problem and mounting debt...