‘Why NASS directed DisCos to suspend increase in electricity tariff’

July 2, 2020 Taye Ode 0

Senator Gabriel Suswan has said the National Assembly objected to the plans of the Electricity Distribution Companies (DisCos) to increase electricity tariff because of the current economic challenges occasioned by COVID-19 pandemic across the country. Senator Suswan,(PDP-Benue), who is the chairman, Senate Committee on Power  said that the increase in the tariff had to stop for now even because it Read More

Group to DisCos: Implement cap on estimated billing alongside tariff review

June 30, 2020 Tope Sunday 0

   A group, the All Electricity Consumers Protection Forum, has urged the Electricity Distribution Companies (DisCos) to implement the cap on estimated billing alongside the upward review of their tariffs. The group made the demand in a statement signed by its National Public Relations Officer, Mr Gideon Balogun, in Lagos. DisCos had earlier announced plans to increase electricity tariffs for all Read More

DisCos lament gas price hike, seeks FG’s intervention

June 30, 2020 Tope Sunday 0

Electricity Distribution Companies (DisCos) have lamented the hike in the price of gas and called for the Federal Government’s intervention in order to ensure effective service delivery in the power sector. They said the cost of gas remained one of the key determinants of the electricity tariff in Nigeria, adding that it is high time the government found a way to Read More

NASS wades in, halts planned hike in electricity tariffs

June 30, 2020 Taiye Odewale 0

The leadership of the National Assembly on Monday waded into the controversy on the planned hike in electricity tariffs from July 1, 2020 and succeeded in convincing the Distribution Companies (DISCOs) to defer the plan till the first quarter of 2021. The President of the Senate, Ahmad Lawan, the Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, and Read More

BEDC to begin implementation of new tariff July

June 25, 2020 Bayo Agboola 0

The Ibadan Electricity Distribution Company (IBEDC) Thursday declared that it will begin the implementation of a tariff review from July 1, 2020. Disclosing this in Ibadan through its Chief Operating Officer, Engr John Ayodele , IBEDC stressed this was part of its plans and effort to deliver “excellent services” to its customers. Engr Ayodele pointed out that the “tax review Read More

Revealed! How insolvency, govt ministries, agencies ‘re destroying Nigeria’s power sector – Senate, NDPHC

June 23, 2020 Taiye Odewale 0

The Senate through its committee on power, declared Tuesday that insolvency is killing the power sector as various ministries, departments and government agencies alone, are owing the DISCOs N98billion.This is as the Niger Delta Power Holding Company (NDPHC), lamented non-payment of N190 billion worth of electricity it generated  from our power plants to the National Grid.  Specifically, the chairman of Read More

COVID-19: Inland waterways to reduce tariff nationwide

June 7, 2020 Oyibo Salihu 0

  As part of efforts to revamp the economy after the COVID-19 pandemic, the Nigeria Inland Waterways Authority (NIWA) has concluded plans to reduce tariff across the country’s inland waterways. The Managing Director of NIWA, George Moghalu, stated this during an interactive session with newsmen in Lokoja. He said the plan would boost water transportation and improve the revenue generation of Read More