• Fashola warns DISCOs to Stop blackmailing FG over MDA Debt

    Fashola warns DISCOs to Stop blackmailing FG over MDA Debt

    As controversy trails debt owed electricity distribution companies (DISCOs) by Ministries, Department and Agencies (MDAs), Minister of Power, Works and Housing, Babatunde Raji Fashola has warned DISCOs to stop blackmailing the Federal Government over the issue.

    He said no amount of harassment from DISCOs would make him offset MDAs power consumption debts without verification.

    Fashola,  who spoke at the opening of the 10th monthly meeting with power sector operators in Uyo, Akwa Ibom State, also advised DISCOs to pursue the debt issue […]

  • No plan to increase electricity tariff – DISCOs

    No plan to increase electricity tariff – DISCOs

    It was gathered that the Association of Nigerian Electricity Distributors on Wednesday said it had no plan to increase the current tariff being paid by consumers.

    The ANED Executive Director, Research and Advocacy, Mr. Sunday Oduntan, said that the Distribution Companies had not submitted any proposal to the Nigerian Electricity Regulatory Commission on tariff increase.

    He said, “It is not true that we want to increase the tariff by 200 per cent because we do not have any right to do so.

    “When […]

  • NERC vows to punish DISCOs demanding money for transformers, poles, repairs

    NERC vows to punish DISCOs demanding money for transformers, poles, repairs

    Nigerian Electricity Regulatory Commission (NERC), will sanction Port Harcourt Electricity Distribution Company (PHEDC) and other distribution companies whose officials collect illegal fees from consumers to purchase transformer for installations in various localities.

    Acting Chairman of NERC, Dr Anthony Akah gave the warning on Monday in Uyo in an interview with the News Agency of Nigeria (NAN).

    He emphasised that it was not the responsibility of communities to contribute to the purchase of transformers, electricity poles or contribute money for the repairs of […]

  • Why transmission firm is weakest link in power chain – DISCOs

    Why transmission firm is weakest link in power chain – DISCOs

    The Association of Nigerian Electricity Distributors (ANED) has blamed the liquidity challenges being experienced by Distribution Companies (DisCos) on the Transmission Company of Nigeria’s (TCN) infrastructure and technical limitations.

    Describing the TCN as the weakest link in the power sector value chain, the association claimed DisCos are currently experiencing a monthly loss in excess of N1 billion, due to limited transmission capacities in various parts of the country.

    It added that the major challenge being faced by the association is the TCN’s […]

  • FG will not force DISCOs to patronise local manufacturers of meters – Fashola

    FG will not force DISCOs to patronise local manufacturers of meters – Fashola

    The Minister of Power, Works and Housing, Mr. Babatunde Fashola, at the weekend gave a clear indication that the federal government would not compel the electricity distribution companies to patronise local manufacturers of prepaid meters.

    Speaking in Lagos during a courtesy visit to a meter manufacturing plant, Mojec International, Fashola insisted that commercial transactions cannot be done by compulsion but by persuasion, reasoning and dynamics of the economy.

    The minister was however optimistic that the local manufacturers would be patronised by the […]

  • We will not disconnect owing FG’s MDAs – DISCOs

    We will not disconnect owing FG’s MDAs – DISCOs

    The Association of Nigeria Electricity Distributors (ANED), on Saturday said it would not disconnect power supply to Government Ministries Departments and Agencies (MDAs) over the N93 billion outstanding debts.

    The Executive Director, Research and Advocacy of ANED, Mr Sunday Oduntan, disclosed this in in a telephone interview with the News Agency of Nigeria (NAN) in Lagos .

    He spoke against speculations that Distribution Companies (DISCOs) may disconnect MDAs for failure to settles their indebtedness to the distribution companies.

    According to Oduntan, DISCOs are […]

  • DISCOs appeal judgment annulling electricity tariff hike

    DISCOs appeal judgment annulling electricity tariff hike

    The Association of Nigerian Electricity Distributors (ANED) on Thursday said that it has appealed against the judgment of a Lagos Federal High Court annulling the 45 per cent electricity tariff hike.

    Mr Sunday Oduntan, the Executive Director of ANED, announced the decision in a telephone interview with the News Agency of Nigeria (NAN) in Lagos.

    ANED is the association of the 11 Electricity Distribution Companies (DISCOs) operating in Nigeria.

    NAN reports that on July 13, a Federal High Court in Lagos annulled the […]

  • Court rules against FG, Discos, declares new electricity tariff illegal

    Court rules against FG, Discos, declares new electricity tariff illegal

    A Federal High Court in Lagos on Wednesday ruled against the National Electricity Regulation Commission and electricity distribution companies in a suit opposing the Federal Government’s bid to increase electricity tariff brought last year.

    The suit was filed by a Lagos-based lawyer, Toluwani Adebiyi, following announcement of proposed electricity tariff hike by the then Chairman of NERC, Dr. Sam Amadi.

    Adebiyi had urged the court to stop any hike in electricity tariff until there had been a meaningful and significant improvement in […]

  • Power outage: DISCOs pledge to provide transformers to Nigerian communities

    Power outage: DISCOs pledge to provide transformers to Nigerian communities

    Nigerian Electricity Distribution Companies (DISCOs) have pledged to provide transformers to communities where required, saying the effort was to improve power supply in the country.

    This was contained in a communique issued to journalists in Kano State at the end of the 6th monthly meeting of the minister of power, works and housing, Babatunde Fashola, with operators of the power sector in the state yesterday.

    The operators stated in the communique that they recognised the need for the DISCOs to reinvigorate their […]

  • We can’t meter one million customers yearly, says DISCOs

    We can’t meter one million customers yearly, says DISCOs

    Electricity distribution companies have said the deadline given to them by the Federal Government to meter one million electricity consumers annually is not realistic.

    According to the Discos, the cap on their capital expenditure is a major challenge to meeting the deadline.

    The chief executive officers of the 11 Discos stated this during an interactive session with the Acting Director-General, Bureau of Public Enterprises, Dr. Vincent Akpotaire, at the bureau’s office in Abuja.

    The bureau, in a statement issued on Wednesday by its […]

  • FG owes DISCOs N60bn as debts increases

    FG owes DISCOs N60bn as debts increases

    It was gathered that the Association of Nigerian Electricity Distributors (ANED) has disclosed that the total debt being owed it by the Federal Government through its ministries, departments and agencies as at December 2015 was N60 billion.

    This was revealed by Sunday Oduntan, Executive Director, research and advocacy for ANED, on Tuesday, at a media briefing in Abuja, where he explained that the debt was around N58 billion as of December 2015, but had now hit N60 billion in Q1 2016.

    He […]