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. …
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. …
Electricity distribution companies (DisCos) in the country have performed below expectation five years after the privatisation of the power sector. Chiedu Ugbo, managing director of Niger Delta Power Holding Company
The post DisCos have ‘lived below expectation’ appeared first on TheCable.
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. …
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.
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. …
The federal government says it will increase power generation to 9,000 megawatts by the end of 2018. Lai Mohammed, minister of information, made this known on Tuesday while speaking at
The post FG to increase power generation to 9000MW by December appeared first on TheCable.
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.
The Federal Government, yesterday, announced December 31, 2019, as date for final performance review of the privatised electricity Distribution Companies, DISCOs.
Continue reading FG fixes Dec 31 next year for final review of DISCOs’ performance at Vanguard News. …
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.