Power articles

NLC kicks against FG’s proposed N38 bailout for DISCOs

NLC kicks against FG’s proposed N38 bailout for DISCOs

The Nigeria Labour Congress (NLC) on Tuesday faulted the Federal Government’s decision to offer N38 billion bailout to electricity distribution companies for procurement of pre-paid metres describing the move as ill-conceived. The labour union said it was wrong of the Muhammadu Buhari administration to offer a lifeline to the DISCOs when there are no visible

Sam Amadi: I — not Jonathan — reversed electricity tariff

Sam Amadi, former chairman of the Nigeria Electricity Regulatory Commission (NERC), says ex-President Goodluck Jonathan did not order the reversal of electricity tariff in 2014. In the build-up to the 2015 general election, the commission announced an increase in electricity tariff, but it later suspended the action. Speaking at a public lecture in Lagos on

156 million Euro power equipment rotting at port stalls completion of Kaduna Power plant; power ministry says NPA responsible  

The failure of government to complete and commission the 245 MW Kaduna power plant has been blamed on the seizure of the 156 million Euro worth of equipment by the Nigerian Ports Authority (NPA).   Officials of the Ministry of Power on Tuesday disclosed this to the Senate Committee on Power, Steel Development and Metallurgy,

Controversy trails presidential directive to reinstate sacked power company manager

A controversy is brewing at the presidency over an alleged discountenance of a directive by President Muhammadu Buhari for the reinstatement of a senior official disengaged last year from the Niger Delta Power Holding Company Nigeria Limited, NDPHC. President Buhari was reported to have directed the Offices of the Vice President, Secretary to the Government

Crazy electricity bills tear DISCOs, consumers apart

Electricity consumers across the Southwest and North Eastern parts of the country are groaning over the persistent high bills being given by the Distribution Companies (DISCOs) without corresponding energy supply. A cross section of them told the News Agency of Nigeria (NAN) in separate interviews across some South West states and Kwara that the phenomenon

Prepaid Meters: Finance, corruption reasons for non-patronage of local manufacturers – Expert

An indigenous meter manufacturer, Mr Atilade Bolarinwa, on Monday listed finance, technical partner influence and corruption as major reasons why Electricity Distribution Companies (DISCOs) were not patronising made-in-Nigeria meters. Bolarinwa, who is the Vice-Chairman of Unistar Hi-teck System Ltd., an indigenous meter manufacturing company, made the assertion in an interview with the News Agency of

U.S., DisCos sign $9m Power Africa agreement

The U.S. Agency for International Development (USAID) and three Electricity Distribution Companies (DisCos) on Monday signed a nine million-dollar power agreement aimed to enhance their performance. The agreement was signed between the U.S. Ambassador to Nigeria, James Entwistle, who signed for USAID, and representatives of Abuja, Benin and Eko Distribution Companies. Mrs Olufunke Osibodu, Managing

Nigeria signs 5 bilateral agreements with France — Minister.

Nigeria and France have signed five bilateral agreements on Cultural, Scientific Education and Technical Cooperation, the Minister of Foreign Affairs, Mr Geoffrey Onyeama said on Saturday. Onyeama, who made this known to State House correspondents in Abuja, said the five bilateral agreements were signed in a closed-door meeting between President Muhammadu Buhari and the visiting

BEDC officials escape lynching in Warri

Some Officials of the Benin Electricity Distribution Company, BEDC, on Wednesday escaped being lynched by angry consumers in Warri, Delta State. Residents of Warri who took a swipe at the Management of BEDC for incessant tariff hike without electricity, noted that they were fed up with the power situation in the area. Even without supply for over a

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