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DISCOs urge government to tackle power transmission challenges
20 Aug 2018
Electricity Distribution Companies (DISCOs), have identified low Transmission owing to persistent directive from the National Control Centre (NCC), to Generation Companies...
ANED attributes power sector challenges to liquidity crisis
8 Aug 2018
The Association of Nigerian Electricity Distributors (ANED), has said that until the liquidity crisis is sorted, Nigerians cannot enjoy uninterrupted power in the next five years.
FG okays N72 billion to boost electricity, decries poor distribution networks
1 Aug 2018
The Federal Government has approved N72 billion to enable Electricity Distribution Companies (DisCos) step up electricity generation.
Tougher times await DISCOs, experts predict
20 Jul 2018
Industry experts have predicted tougher times for the nation’s electricity distribution companies (Discos), contending that the problem was not just about huge financial shortfall...
Eligible electricity customers’ regulation to raise residential tariffs by N4 per kWh
28 Nov 2017
The Association of Nigerian Electricity Distributors (ANED) has said the removal of Eligible Customers from the Electricity Distribution Companies...
Nigeria’s transmission network requires N1.8tr five-year funding
19 Jul 2017
The Federal Government has said that Nigeria’s power sector required an investment of $5billion (N1.8 trillion) in the next five years to solve transmission challenges.
‘Government should explore subsidy option to address liquidity in power sector’
17 Dec 2016
The liquidity crisis is getting worse and a major reason for that is the foreign value of doing the business. No single Disco is making profit as at today, because we are only struggling to recover our cost.
Review of government policies as panache to oil, power sectors’ growth
23 Nov 2016
The Nigeria power sector has been troubled by high technical losses, lack of cost recovery, vandalism, low equipment reliability, non- payments problem and mounting debt...
MDAs electricity debt profile rises to N100 billion
4 Nov 2016
The Chairman, Association of Electricity Distributors (ANED), Sunday Oduntan, said liquidity issue in the power sector, remained one of the major challenges bedeviling the industry.
No plans to hike electricity tariff by 100%, say NERC, Discos
13 Jul 2016
If assurances by the nation’s 11 electricity distribution companies (Discos) are anything to go by, Nigerians may not witness another increase in electricity tariff soon.
Discos disconnect govt, security agencies over N93b debt
16 May 2016
Nigeria may be heading for a deeper power sector crisis following mass disconnection of historic debtors by all the distribution companies (Discos) to protest the huge unpaid electricity bills by this class of consumers.