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We have constitutional right to protect interest of DisCos, ANED replies NERC

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.

11 DISCOs’ debts to NBET, MO hit N112bn in Q1’18 – NERC

Bauchi Lacks Adequate Doctors, Nurses, Midwives – Official

Nigerian Electricity Regulatory Commission, NERC, has disclosed that the nation’s 11 Electricity Distribution Companies, DISCOs’debts to Nigerian Bulk Electricity Trader, NBET, and Market Operator, MO, are still below 30 percent as they paid only N51.2 billion of the N163.1 billion issued to them in the first quarter of 2018, Q1’18.
Continue reading 11 DISCOs’ debts to NBET, MO hit N112bn in Q1’18 – NERC at Vanguard News. …

Ajaokuta Steel, foreigners owe power sector N12.2 billion

Ajaokuta Steel, foreigners owe power sector N12.2 billion

The Ajaokuta Steel Company and other international customers owe the power sector N12.2b, according to the 2018 first quarter report of the Nigerian Electricity Regulatory Corporation (NERC). NERC disclosed yesterday that in the period under review, invoices issued to foreign customers (CEB/SAKETE and NIGELEC) and special customer (Ajaokuta) stood at N12.2b, but payments were not […] …

Poor power supply: Discos owe NBET N103bn

Poor power supply: Discos owe NBET N103bn

In its third quarter report 2017, NERC said during the three months under review, that Discos paid N44
The post Poor power supply: Discos owe NBET N103bn appeared first on – The Sun News. …

Power distributors owe NERC, NBET, TCN N205.51bn

Power distributors owe NERC, NBET, TCN N205.51bn

Okechukwu Nnodim Power distribution companies are not only indebted to their counterparts in the electricity generation arm of the sector, they also owe service providers a total of N205.51bn. The service providers in the power sector are the Nigerian Electricity Regulatory Commission, the Nigerian Bulk Electricity Trading Plc, the Transmission Service Provider, the System Operator […] …

Epileptic power supply: Fashola, power vendors trade words over inefficiency

Epileptic power supply: Fashola, power vendors trade words over inefficiency

Worried by worsening power supply situation and rising consumer complaints, Fashola urged power vendors
The post Epileptic power supply: Fashola, power vendors trade words over inefficiency appeared first on – The Sun News. …

NERC Chairman blames poor development on failure to grow power sector

NERC Chairman blames poor development on failure to grow power sector

The Chairman and Chief Executive Officer of the Nigeria Electricity Regulatory Commission (NERC), Professor James Momoh, has blamed failure by successive governments to grow and develop the power sector to allow for the industrialisation of the country its the poor development.
Continue reading NERC Chairman blames poor development on failure to grow power sector at Vanguard News. …

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