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DISCOs

AMCON, banks’ take-over of DisCos won’t solve liquidity, structural problems in power sector – Experts

THE Nigerian government's restructuring of five electricity distribution companies (DISCOs) will not structurally solve Nigeria’s power sector crisis, two electricity experts have posited. The Federal...

Estimated billing: AEDC reacts to ICIR report on consumer rip-off

ABUJA Electricity Distribution Company (AEDC) has responded to a report by the International Centre for Investigative Reporting (The ICIR) on consumer rip-off by the...

MDAs’ debts to Discos worsen financial stability for power sector

Discos debts To Nigerian Bulk Electricity Trading (NBET) now N500 billion Discos transfer burdens to ordinary citizens MINISTRIES, Departments and Agencies (MDAs) at...
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NERC mulls hike in electricity tariff, seeks to conclude extraordinary review for DisCos

THE Nigerian Electricity Regulatory Commission (NERC) has mulled plans to increase electricity tariffs as it seeks to conclude the Extraordinary Tariff Review process for...

FACT-CHECK: Do Nigerians enjoy 18 to 24 hours of power supply daily?

Nigeria’s minister of Power, Sale Mamman, had on June 9 claimed that Nigerians now enjoy 18 to 24 hours of power supply daily.

COVID-19: NERC extends new electricity tariff order date to June 30

THE National Electricity Regulatory Commission (NERC) on Tuesday made a temporary U-turn on the date it initially set for a new electricity tariff to...
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Nigeria, Germany’s Siemens sign agreement to increase power supply

PRESIDENT Muhammadu Buhari has signed an agreement with a German technology firm, Siemens AG, to "dramatically" improve Nigeria’s reliable power supply to 11,000 megawatts...

Decaying infrastructure, mounting debts… Why Qua Iboe Power Plant can’t take off yet

THE much talked-about Qua Iboe Power Plant (QIPP) which is to be sited in Akwa Ibom State, and which would add about 540 megawatts...

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Buhari to confer national honours on Chimamanda Adichie, 436 others

PRESIDENT Muhammadu Buhari will confer the Order of the Federal Republic (OFR) national honour on Nigerian literary writer Chimamanda...

Nigeria will be safer before end of Buhari’s tenure – chief of staff

IBRAHIM Gambari, chief of staff to President Muhammadu Buhari, has promised that Nigeria would be safer before the end...

Police arrest two for illegal possession of firearms in Lagos

THE Lagos State Police Command has arrested two persons for illegal possession of firearms in Lagos. According to a statement...

El-Rufai condemns lynching of herders in Kaduna

KADUNA State governor Nasir El-Rufai has condemned the murder of two persons by a mob in the Birnin Gwari...

NDLEA arrests ex-footballer at Lagos airport for cocaine trafficking

THE National Drug Law Enforcement Agency (NDLEA) says its operatives have arrested an ex-footballer, Okafor Emmanuel Junior, at the...
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