DISCOs
8 hours ago
The Federal Government, yesterday, vowed to sell off the five electricity Distribution Companies (DisCos) now under the management of banks and Asset Management Company (AMCON) in the next three months to reputable technical operators.
2 days ago
Over 11.5 million electricity households and customers in Nigeria, who account for about 85 per cent of grid-connected electricity, have been thrown into darkness as the electricity supply industry moves to implement at least 20-hour power supply to some customers.
16 Apr
The electricity crisis in Nigeria has defied various attempts at solving the problem and giving Nigerians the benefits of enjoying stable electricity and a good quality of life for more than half a century. It is no secret that the nation’s power infrastructures were abandoned for several decades, by successive governments notwithstanding the exponential growth…
16 Apr
Nigeria’s power grid, operated from Osogbo in Osun State, collapsed in the early hours of yesterday, throwing the country into nationwide darkness amid ongoing furore over the hike in electricity tariff for premium consumers.
15 Apr
As Nigerians grapple with the latest hike in electricity tariffs, soaring from N66 to N225 per kilowatt, concerns arise regarding its implications on the effective delivery of essential public services.
15 Apr
The Federal Government’s blanket removal of electricity subsidy on beleaguered Nigerians is not only ill-timed, but it amounts to seeking a simple solution to an endemic problem laced with corruption and inefficiency that the government appears to conveniently overlook.
10 Apr
Minister of Power, Adebayo Adelabu, has said that power distribution companies (DisCos) that fail to supply 20 hours of electricity to customers in the Band A category will be sanctioned by the federal government. In a post on his official X handle, Adelabu said this is part of the adjustments made under the newly revised…
10 Apr
Nigeria, recently, began the process of implementing gradual increases in the end-user tariff for electricity to move towards a liberalised market, where the Federal Government no longer bears the burden of tariff shortfall
8 Apr
Amid growing opposition to the recent hike in electricity tariff, the Federal Competition and Consumer Protection Commission (FCCPC) has asked the Nigerian Electricity Regulatory Commission (NERC) to mandate distribution companies...
8 Apr
Businessman and publisher, The Street Journal Magazine, Mogaji Wole Arisekola has urged President Bola Tinubu to dissolve all Electricity Distribution Company (DisCos) managements in Nigeria and bring in new investors who will show strong commitment and patriotism to the administration's renewed hope agenda in the power sector. He urged the Federal Government to reverse the…
6 Apr
The Nigerian Electricity Regulatory Commission (NERC) has given 11 electricity distribution companies till April 11, 2024, to refund customers wrongly billed at the new rate.
6 Apr
The Nigerian Electricity Regulatory Commission (NERC) has directed all Electricity Distribution Companies (DisCos) to provide clarity to all affected customers on the implementation of the April 2024 supplementary multi-year tariff order. This was contained in a press release signed by NERC management. READ ALSO: List of Lagos areas on Band A to enjoy 20hrs electricity…
Latest
2 mins ago
Viral videos of a student of Lead British International School, Abuja, being bullied by another student have raised concerns among Nigerians who are seeking justice for victims. In one of the videos, a student identified as Namtira Bwala was subjected to bullying by a schoolmate identified as Maryam Hassan and a yet-to-be-identified female student. Hassan…
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UK state borrowing last year overshot forecasts, official data showed Tuesday, dealing a blow to the Conservative government ahead of an election it is tipped to lose. The government's public sector net borrowing stood at £120.7 billion ($149.4 billion) in its year to the end of March, the Office for National Statistics said. That marked…
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A French court this week handed an Iran-born man a suspended 10-month sentence for entering the Iranian consulate in Paris with fake grenades in what he said was "revenge" for a crackdown at home that targeted his family. The 61-year-old, a long-time resident of France who regularly attends Iranian opposition demonstrations, told the court he…
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China condemned on Tuesday as "groundless accusations" US claims that Beijing was fuelling the Ukraine war by supplying components to Russia that it uses for its military expansion. China and Russia have ramped up economic cooperation and diplomatic contacts in recent years and their strategic partnership has only grown closer since the invasion of Ukraine.…
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The North Central Citizens Council (NCCC), has expressed opposition to the alleged attempt to humiliate the former Governor of Kogi State, Yahaya Bello, amidst accusations of misappropriation of funds during his tenure. This comes after the Economic and Financial Crimes Commission (EFCC) issued a notice declaring Bello wanted for offenses related to an alleged case…
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Donald Trump faces a contempt of court hearing on Tuesday as part of his historic criminal trial, with New York prosecutors insisting the former president repeatedly violated the gag order issued to prevent him from intimidating witnesses. The hearing comes a day after the jury heard opening arguments in Trump's hush money case, with prosecutors…
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The UN called on Britain on Tuesday to reconsider plans to deport asylum seekers to Rwanda, warning it threatened the rule of law and set "a perilous precedent globally." The UK government's controversial Rwanda scheme has been beset by legal challenges since 2022, but was passed by parliament late on Monday after a marathon tussle…
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Nollywood actress, Toyin Abraham, has reflected on the competitiveness and rivalry among colleagues in the movie industry. She opened up about how she and Funke Akindele were at odds with each other but also acknowledged that they were only in competition because they all wanted success. In a long Instagram post, the award-winning actress urged…
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A Federal High Court in Abuja has dismissed a suit seeking the disqualification of Gov. Douye Diri of Bayelsa and his deputy, Lawrence Ewhrudjakpo. Justice Emeka Nwite, in a judgement, held that the suit lacked merit as the plaintiff had failed to prove the allegations of certificate forgery levelled against Ewhrudjakpo beyond reasonable doubt. Justice…