Energy theft threatening power sector, says EKEDC

THE greatest threat to private investors and the reform in the power sector is energy theft by consumers, a Director in Eko Electricity Distribution Company (EKEDC), George Etomi, has said. He lamented that almost every consumer, including the elite who consume energy without paying the bills by by-passing electricity meters, are involved in energy theft. […]

Ibadan Disco needs N30bn for prepaid meters

The Ibadan Electricity Distribution Company (IBEDC) says it needs about N30 billion to procure pre-paid meters for electricity consumers  in its area of business operation, says the The chairman of the IBEDC, Mr. Tunde Ayeni, during an advocacy visit on planned tariff increase by the electricity company to Kwara state. Appealing for understanding and cooperation, Ayeni enjoined […]

Energy policy coming soon, says Fashola

Power Minister Babatunde Fashola has pledged to unveil his energy policy when next he addresses the media. The policy will holistically show the direction of the government in solving the problems of the power sector in the short and long terms. He has also mandated the distribution companies to significantly improve service delivery. Fashola said […]

70% of electricity consumers not metered, says Amadi

About 70 per cent of electricity consumers are not metered. This has hampered accurate billing by Electricity Distribution Companies (DISCOs), the immediate past chairman Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, has said. He said the DISCOs were given 18 months ultimatum to meter all consumers, but only achieved 10 per cent  at the […]

Stable Electricity is Coming to Lagos and Ogun states

Residents of Lagos state and some areas in Ogun states will start enjoying stable electricity starting from December 2016, the power companies supplying electricity in the area have said. The Ikeja Electric (IK) formerly the Ikeja Electricity Distribution Company (IKEDC) and the Eko Electricity Distribution Company (EKEDC) said they have started the enumeration process of […]

Reps to review DISCOs commercial terms, tariffs

The House of Representatives has said that it would begin investigation aimed at reviewing the commercial terms and billing plan of the of electricity distribution companies, widely called the Discos. Consequently, the House said the Bureau of Public Enterprise (BPE) has been invited to appear before a public hearing that will also bring to the […]

TUC vows to resist electricity tariff hike

The Trade Union Congress of Nigeria (TUC) has described the proposed increase in electricity tariff by the electricity distribution companies (DisCos) as an invitation to anarchy. It warned that organised labour would resist the move, adding that it is totally oppressive, indefensible and retrogressive. In a statement issued on Monday by its President, Bobboi Bala […]

Electricity price rises as power hits 5,000mw in 2016

Nigerians should be ready to pay more electricity bills in 2016 when the national grid is expected to hit a steady 5,000 megawatts. The 10-year Multi-Year Tariff Order (MYTO) 2.2 submitted by the 11 electricity Distribution companies (Discos) to the Nigerian Electricity Regulatory Commission (NERC) indicates a significant increase in the Energy Charge (EC) component […]

Consumers, MAN, CSO reject electricity tariff hike

Electricity consumers, acting under the aegis of Nigeria Electricity Consumer Advocacy Network (NECAN), the  Manufacturers Association of Nigeria (MAN) and a group,  Say No Campaign-Civil Society Organisation (CSO), yesterday rejected attempts by the Nigeria Electricity Regulatory Commission (NERC) to hike electricity tariff. Representatives of the groups, who spoke during public consultation on  Extra-Ordinary Tariff of […]

CPC to prosecute Benin, Enugu DISCOs for exploitative electricity billing

The consumer Protection Council (CPC) said it is set to commence prosecution procedure against Benin and Enugu Distribution Companies for violating its enabling Act in the on-going investigation of the activities of the country’s distribution companies (DISCOs). The CPC, in a statemnt, said it had to take this decision due to the non-appearance of the two […]

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