Electricity consumers have kicked against the resumption of tariff hike by Electricity Distribution Companies (DisCos), which comes into effect on Sunday. They said after two months of high-level discussions occasioned by the suspension of the tariff hike, they were still…
The 11 power Distribution Companies (DisCos) could not deliver 33,958.16 megawatts hour (MWh) of energy made available for evacuation by the Generation Companies (GenCos) within one month; from September 1, 2020, when the DisCos hiked electricity tariff by over 80…
Nigerians are outraged over Monday’s 50 percent unceremonious hike in the price of electricity, saying it is an additional burden on them. Read more :
Market to lose N1.1trn in 9 months Prior to the planned increase in electricity tariff scheduled for July 1, 2020 by distribution companies, there was palpable tension across the country. However, the plan was suspended following disagreements that greeted the…
As the Distribution Companies (DisCos) implement the capping of estimated electricity bills order this month, many customers have recorded far more outrageous bills, while others say they are relieved. Our reporter collated series of complaints from consumers in some parts…
Mr. Kola Adesina is the Group Managing Director, Sahara Power Group, the operator of Egbin Power and Ikeja Electric both in Lagos State. In this interview, the industry top player speaks about managing the assets in the last six years…
By Simon Echewofun Sunday The Nigerian Electricity Regulatory Commission (NERC), the federal government agency regulating the power sector, has announced a proposed hike of electricity tariff by 66 percent, about N46 for every kilowatt of electricity from April 2020 across…
The Nigerian power sector is faced with several hurdles, especially funding constraints, which has for decades has made the electricity supply so low that both the consumers and the national economy have largely been paying huge costs to meet the…
