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Posted By Admin on 17th Oct 2017   

The eleven electricity distribution companies on the platform of the Association of Nigerian Electricity Distributors (ANED), yesterday at a workshop disclosed that they have reduced customers’ metering gap to 2.2 million from the five million they inherited since the power…

Posted By Admin on 17th Oct 2017   

The Federal Government has announced that they’re looking into getting new investors in the energy market to boost power production. The Government has commenced negotiations with operators of the Electricity Distribution Companies (DisCos) with a view to ceding some of…

Posted By Admin on 17th Oct 2017   

The Federal Government on Monday charged electricity distribution companies to engage state governments in order to collect the outstanding electricity debt amounting to about N40 billion owed by the Ministries, Departments and Agencies of the various state and local governments.…

Posted By Admin on 16th Oct 2017   

Experts and other deep players in the power distribution industry have suggested how the Federal Government may help the DisCos instead of thinking of re-acquisition, an option the government had openly discarded. The minister of power had told the Lagos…

Posted By Admin on 16th Oct 2017   

The Nigerian government on Thursday gave an indication that it would soon review the privatisation of the power sector in the country to enable government restructure the power firms’ ownership and capacity to deliver value to the people, Premium Times reports. The…

Posted By Admin on 16th Oct 2017   

The Managing Director/Chief Executive Officer, Niger Delta Power Holding Company, Mr. Chiedu Ugbo, tells OKECHUKWU NNODIM that power distribution companies must clear their indebtedness to the Nigerian Bulk Electricity Trading company, among other issues The electricity market does not get the required…

Posted By Admin on 16th Oct 2017   

The tariff payable by electricity consumers may increase by 61.5 per cent any time soon following the latest revelation by the Nigerian Electricity Regulatory Commission on Friday that it was waiting for a final approval from the Federal Government before…