FG to fund N104.5bn tariff shortfall-NERC

September 15, 2020 David Agba 0

The Federal Government will fund a tariff shortfall of N104.5bn that will be recorded by electricity distribution companies from September to December 2020, according to the Nigerian Electricity Regulatory Commission (NERC). The DisCos had early this month announced what they called “new service reflective tariff,” which took effect from September 1, 2020, with the tariffs being charged residential consumers receiving Read More

Only customers on 12-hr power supply to pay new tariff – BEDC

September 11, 2020 Patrick Ahanor 0

The management of Benin Electricity Distribution Company (BEDC) Friday stated that “only customers that enjoy between 12 to 20 hours power supply would pay the new electricity tariff” as recently announced by the federal government. The company, however, disclosed that customers who received power supply between eight and four hours “will continue to pay old rates until end of year.” Read More

Fuel, electricity hike: Hold your appointees responsible for outcry, group tells Buhari

September 7, 2020 Editor 0

The National Conscience Group (NCG) has urged President Muhammadu Buhari to hold his appointees responsible for the outcry that has trailed some of his administration’s policies and programs.  The NCG is in reacting to the outrage over the recent hike in fuel, electric tariffs and others.  In a statement signed by its convener, Comrade Philip Agbese, after an emergency meeting in Enugu, Read More

Senate’ll stop new electricity tariff increment – Sen Buhari

September 6, 2020 Bayo Agboola 0

The Chairman Senate Committee on Transport, Sen Abdulfatai Buhari, has hinted that the Senate would stop the recent electricity tariff increment. Sen Buhari who dropped this hint at the weekend while answering questions from newsmen said that it will be improper for the electricity distribution companies to just wake up one day and announce increment in the electricity tariff without Read More

COVID-19: Reps want 2-month free power supply to Nigerians

April 4, 2020 Joshua Egbodo 0

The House of Representatives is to consider a fresh Stimulus Bill that would ensure that Nigerians get free electricity supply for two months to mitigate the effects of the COVID-19 pandemic, Speaker Rep. Femi Gbajabiamila has said. The Speaker said the proposed Bill was to help in boosting the economy through the informal sector as the country prepares for the Read More

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Faulty electrical installations: Ekiti hands BEDC December ultimatum

October 25, 2019 Editorial III 0

Ekiti state government has given the Benin Electricity Distrbution Company, (BEDC) up to December 31, 2019 to rehabilitate or overhaul transformers and 33kv installations that are operating below the expected capacities. The ultimatum was contained in a communiqué issued after a meeting between the Commissioner of Public Utilities, Hon. Bamidele Faparusi and management of BEDC, led by the State Head, Read More

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Electricity tariff hike: NLC kicks, may take further action

August 26, 2019 Editor 0

Nigeria Labour Congress (NLC) is currently against kicking against the upward review of electricity tariffs being charged by distribution companies (Discos) operating in Nigeria. The NLC said it was not acceptable to Nigerians. The disclosure was made by NLC general secretary, Emmanuel Ugboaja, who said labour also rejected the federal government’s plan to divest from the Discos and the generation Read More

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KEDCO introduces whistle-blowing for effective service delivery

June 19, 2019 Editorial III 0

The Kano Electricity Distribution Company (KEDCO) has initiated a whistle blowing policy as part of effort to enable the company to obtain early warning signals on what may be wrong in the organization especially in cases where it would be difficult to identify immediately. This is contained in a statement signed by the head corporate communications unit of the company, Read More

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Edo electricity bill financially induced- CSOs

May 22, 2019 Editorial III 0

A coalition Civil Society Organizations (CSOs) in Edo state Tuesday rejected the passage of a bill criminalising electricity theft and the setting up of a special court by the state House of Assembly. The activists said the action of the Assembly has revealed “their level of insensitivity towards the plight of the people in the face of extortion, estimated billings Read More

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NERC issues permit to Ikeja, Benin DisCos’ meter asset providers

April 16, 2019 Editorial IV 0

The Nigerian Electricity Regulatory Commission(NERC), has issued permits to Ikeja and Benin Disco’s Meter Asset Providers (MAPs). In a statement on Monday, the commission said the permit was in accordance with section 4(3) of the MAP Regulations- NERC- R-112 of 2018, to MAPs that were successful in the procurements conducted by Ikeja Electricity Distribution Company and Benin Electricity Distribution Company Section Read More

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Four DisCos exceed 50% metering of consumers in Q2, 2018 — NERC

January 9, 2019 Editorial III 0

The Nigerian Electricity Regulatory Commission (NERC), says only four out of 11 Electricity Distribution Companies (DisCos) in the country have metered up to 50 per cent of customers under their franchise areas. NERC in its 2018 second quarter report published on its website also revealed that only about 45 per cent out of the total 7,476,856 registered customers had been Read More

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NERC orders refunds to unmetered customers

September 13, 2018 Blueprint 0

Electricity distribution companies or Discos have been ordered by the Nigerian Electricity Regulatory Commission (NERC), to refund money collected from unmetered customers under the scrapped Credit Advanced Payment for Metering Implementation, CAPMI. The order was given in a communique issued at the end of a meeting held with Discos last week. According to the communique sent to Sweet crude Reports, Read More

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DisCos record 2.8% drop in revenue Q3 2017

September 13, 2018 Blueprint 0

Electricity distribution companies, DisCos recorded a total of 2.8 percent decrease in revenue collection in third quarter 2017, a document obtained from the Nigerian Electricity Regulatory Commission, NERC has said. According to the document, the total collection by DisCos from their customers in the third quarter of 2017 stood at N90.3 billion out of the total bill of N151.8 billion, Read More

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4 DisCos exceed 50% metering of consumers in Q3, 2017 – NERC

September 7, 2018 Blueprint 0

The Nigerian Electricity Regulatory Commission (NERC) says only four out 11 Electricity Distribution Companies (DisCos) in the country have metered up to 50 per cent of electricity customers under their coverage areas. NERC in its 2017 third quarter report published yesterady on its website, also revealed that only 46 per cent out of total 7,476,856 registered customers had been metered Read More

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CBN disburses N158bn to DisCos, others

June 28, 2018 Blueprint 1

Not less than N158. 74 billion has been disbursed by the federal government to electricity distribution companies (DisCos), generation companies (GenCos) and other service providers in the electricity sector, it has been revealed. Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, disclosed this yesterday while making presentation before the House of Representatives ad hoc committee on the need Read More