New Problems for the Power Investors

Posted: August 18, 2016 at 10:53 pm   /   Discos, Gen. Biz, Gencos, Government, Ministry of Power

The investors in the power sector have started complaining about the huge loan burden they now have to factor into their operations following the new realities of foreign exchange regime. Several banks such as First Bank of Nigeria Holdings Plc; Zenith Bank Plc; United Bank for Africa Plc (UBA); Guaranty Trust Bank Plc (GTBank); Access […]

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Power Transmission not Affected by Current Labour Crisis

Posted: April 21, 2016 at 9:57 pm   /   Discos, Gen. Biz, Gencos, Government, Ministry of Power, NERC, TCN

The management of The Transmission Company of Nigeria (TCN) has clarified that it is not involved in the on going labour crisis currently rocking some Electricity Distribution Companies in the country as has been insinuated by some media publications. Some publications have even predicted a looming nationwide blackout due to the ongoing labour lockdown of […]

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Union Commends Abuja Disco for Service Improvements

Posted: April 21, 2016 at 9:35 pm   /   Abuja, Discos

As firm commits $200m to mass metering project   The National Union of Electricity Employees (NUEE) has commended the management of Abuja Electricity Distribution Company (AEDC) on the ongoing transformation of the Company, which has led to significant improvements in its network, information systems and operational processes. The Electricity Employees’ Union made the commendation on […]

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NERC warns DISCOs on Manipulated Data and Poor Metering

Posted: April 20, 2016 at 9:14 pm   /   Discos, Government, NERC, Regulation

Declares 403, 255 meters installed by 11 DISCOs in 2 years The Nigerian Electricity Regulation Commission (NERC) on Tuesday warned that manipulated data with regards to meter installation, submitted to it by the electricity distribution companies would be treated as criminal acts; even as it berated the companies over poor implementation of their metering plans. […]

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FG Apologises to Nigerians for Power Failure

Posted: March 12, 2016 at 5:27 pm   /   Discos, Gen. Biz, Gencos, Government, Ministry of Power

The Federal Government has apologised to Nigerians for the poor power supply delivered to them in the recent past and promised steady improvements going forward. In a statement in Abuja, the Minister of Information and Culture, Alhaji Lai Mohammed, blamed the power situation across the country on gas shortage and vandalism. He also said all […]

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NERC Reports Improvements in Power Generation, Warns DISCOs Against Arbitrary Billing of Customers

Posted: March 7, 2016 at 10:46 pm   /   Discos, Gen. Biz, Gencos, Government, Ministry of Power, NERC, Regulation, TCN

The electricity industry regulator, NERC, has reported a steady increase in power generation into the National Grid following the completion of repair work on the damaged gas facilities. Accordingly, electricity supply in the national grid is now ramping up as it attains 4, 387 megawatts peak generation as at Friday, March 4, 2016 with a […]

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3 Unions issue seven-day ultimatum over sacking of 400 Electricity workers in Ikeja Disco

Posted: March 3, 2016 at 9:32 pm   /   Discos, Government, Ikeja, Ministry of Power, NERC, Regulation

Electricity consumers nationwide are in for more hard time if the threat from the National Union of Electricity Employees, (NUEE), Senior Staff Association of Electricity and Allied Companies (SSAEAC), and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) to shut down Egbin Power Station in Lagos and other electricity facilities across the country is […]

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National Grid Averages 3755MW, Abuja Disco Appeals to Customers

Posted: March 3, 2016 at 4:07 pm   /   Abuja, Discos, Gen. Biz, Gencos, Government, Ministry of Power, TCN

The TCN System Operations informs that power generation experienced a drop to an average of 3755MW last week following scheduled maintenance programme on the gas pipelines supplying gas to the generating stations. According to the release signed by the Asst. General Manager (Public Affairs), SO/MO, Clement Ezeolisah, power generation has started improving and is now […]

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Electricity is a Product that Should be Rightly Priced – NERC

Posted: February 28, 2016 at 7:50 pm   /   Abuja, Discos, Government, Ministry of Power, NERC, Regulation

The Ag. Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC) Dr Anthony Akah, has said that electricity must be priced rightly. He reiterated this when he paid a courtesy call on the Director General, National Environmental Standards and Regulations Enforcement Agency (NESREA) as part of the Commission’s engagement with strategic institutions in Nigeria. […]

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Acts of Vandalism, Abuja Disco Cries Out

Posted: February 24, 2016 at 7:52 pm   /   Abuja, Discos

Abuja Electricity Distribution Company (AEDC) has raised the alarm over the rising cases of vandalism of various electricity equipment in its Distribution Network, especially in Wuse and other parts of the Abuja City Centre. A statement issued by the Company and signed by Ahmed Shekarau, Head, Public Relations & Media, revealed that no fewer than […]

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