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.
GENCO
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.
Power sector ‘lost N324.3bn’ in eight months
GENCOs urge FG to place vital gas pipelines on franchise
THE power Generation Companies, GENCOs, have called on the Federal Government to put on franchise some of the gas pipelines in strategic locations especially the Niger-Delta region in order to guarantee surplus gas supply to thermal plants.
The post GENCOs urge FG to place vital gas pipelines on franchise appeared first on Vanguard News. …
