In the last few months, residents of Okota, Ago Palace Way, especially Oyinlola Close under the jurisdiction of Ikeja Distribution Company, IKDC, Lagos State, have been suffering in silence, as a result of epileptic power supply and bloated billings.
Continue reading Community blasts DISCO over irregular power supply, excessive billing at Vanguard News Nigeria. …
DISCO
DISCOs require urgent recapitalisation — TCN
THE management of the Transmission Company of Nigeria, TCN, has stressed the need for urgent recapitalisation of the Electricity Distribution Companies, DISCOs, in order to increase power supply across the Nigeria.
Continue reading DISCOs require urgent recapitalisation — TCN at Vanguard News Nigeria. …
DisCos have ‘lived below expectation’
Labour raises alarm over BPE illegal extension of DISCOs’ operating license
Organised Labour yesterday raised alarm over alleged illegal extension of the operating licenses of the Electricity Distribution Companies, DISCOs, by the Bureau of Public Enterprises, BPE, in contravention of Power Privatization Act.
Continue reading Labour raises alarm over BPE illegal extension of DISCOs’ operating license at Vanguard News Nigeria. …
FG: Why we resisted temptation of cancelling power sector privatisation
Lai Mohammed, minister of information, says the federal government resisted the temptation of cancelling the power sector privatisation in order not to send wrong to prospective investors. The minister said The post FG: Why we resisted temptation of cancelling power sector privatisation appeared first on TheCable.
Lai claims 7,000MW, Adesina says 4,500MW… what’s the truth about Nigeria’s power generation?
Within 24 hours, two prominent figures have churned out conflicting figures on Nigeria’s current power generation capacity. On Tuesday, Lai Mohammed, minister of information, said the country now generates 7,000
The post Lai claims 7,000MW, Adesina says 4,500MW… what’s the truth about Nigeria’s power generation? appeared first on TheCable. …
FG to increase power generation to 9000MW by December
Ogaji: DisCos owing power generation firms N500bn
Joy Ogaji, executive secretary of Association of Power Generation Companies (APGC), says the Nigerian Bulk Electricity Trading (NBET) is yet to pay the N500bn debt owed by electricity distribution companies (DisCos). The post Ogaji: DisCos owing power generation firms N500bn appeared first on TheCable.
FG fixes Dec 31 next year for final review of DISCOs’ performance
We have constitutional right to protect interest of DisCos, ANED replies NERC
The Association of Nigerian Electricity Distributors (ANED) says the constitution empowers it to protect the interest of electricity distribution companies (DisCos). In a statement on Wednesday, Azu Obiaya, chief executive officer of The post We have constitutional right to protect interest of DisCos, ANED replies NERC appeared first on TheCable.