The Federal Competition and Consumer Protection Commission (FCCPC) has lamented the hardship level on consumers via the economic crisis bedeviling the nation, saying “things have not been easy for Nigerians.” The FCCPC Executive Vice Chairman (EVC), Babatunde Irukera, who stated this during an interactive session with journalists in Abuja, on Tuesday, said the first quarter […]
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Nigeria’s Federal Government on Thursday warned Distribution Companies (DisCos) to stop selling electricity meters to customers. Minister of Power, Engr. Abubakar Aliyu, on Thursday, disclosed that procurement is free of charge. Aliyu spoke at the weekly State House ministerial briefing organised by the Presidential Media Team. “These meters are free, we said it a number […]
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The Nigerian Senate on Tuesday had queried the allocation of N600m to Power Distribution Companies (Discos) on the 2020 budget by the Federal Ministry of Power. The Senate said the allocation of such amount of money was unacceptable, as against the backdrop that the Discos have already been privatised. Chairman Senate Committee on Power, Senator […]
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The Bureau of Pablic Enterprise (BPE), has discribe a untrue, rumors that the operating licences of 11 electricity distribution companies in Nigeria have expired and needed to be renewed by the federal government. The Director-General of the agency, Alex Okoh, disclosed this on Wednesday Benin, Edo State, while briefing journalisits at the headquarters of Benin […]
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The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, Monday directed the Nigerian Electricity Regulatory Commission (NERC) to immediately step in to ensure that Electricity Distribution Companies (DisCos) improve on their distribution equipment and increase capacity to enable them optimize the use of electrical resources by the Generation Companies (GenCos). Fashola, who spoke […]
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The Federal Government says it has taken advantage of the new Meter Asset Provider (MAP) regulations to give a grant of N37billion to a private sector operator to supply meters to interested Distribution Companies (DisCos). Minister of Power, Works and Housing, Mr Babatunde Fashola, disclosed this at the 28th monthly meeting of power stakeholders in […]
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Ismaila Funtua, vice chairman, Mainstream Energy Solution, on Tuesday disclosed that electricity generation companies (GenCos) in Nigeria want an increase in electricity tariff due to what it described as high business costs. He said the GenCos were asking the government to stop subsidising electricity and “let those who can pay for it do so”. He also said […]
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The Nigerian Electricity Regulatory Commission (NERC) has directed electric consumers not provided with prepared meters by March 1 to stop paying for electric bills presented by Distribution Companies (DISCOs) on the basis of estimated billing methodology. The commission also ordered the DISCOs not to disconnect any such customer that refuses to pay the bills and further advised […]
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Nigeria’s Minister of power, works and housing, Babatunde Fashola, on Monday, lambasted the DisCos over their inability to meet the electricity needs of consumers. Speaking in Plateau state during a monthly meeting of stakeholders in the power sector, Fashola told DisCos to stop complaining while reacting to their reasons for being unable to fulfil their […]
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The Association of Electricity Distribution Companies (ANED) has appealed to the Federal Government to provide the N100 billion subsidy it promised after private investors took over the power sector utilities on November 1, 2013. ANED, in a statement by its Executive Director, Mr Sunny Oduntan also appealed to the government to inject funds into the […]
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