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 […]

Japan hands over 570mw Jebba power plant after maintenance

The Japanese Government  will on Monday handover the 570megawatts (mw) Jebba hydropower station in Niger State. The maintenance was carried out under its Development Cooperation Programme. A letter from its Embassy in Nigeria said the project for ‘Emergency Repair and Overhaul of Jebba Hydro Power Station’ which started with a pact in April 2011 has […]

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 […]

The Rights of Nigerians as Electricity Consumers

The Nigerian Electricity Regulatory Commission (NERC) has released the rights of Nigerians as electricity consumers. They are as follows: It is your Right to electric service and accurate electric meter/billing. All new electric connections must be done strictly on the basis of metering before connection. That is, no new customer should be connected without a […]

Nigerians Will Get 24 Hour Power Supply, if They Can Afford it – Fashola

Nigeria’s Power Minister, Babatunde Fashola, has stated that a new power tariff will soon be launched in the country which will ensure Nigerians pay more for electricity – if they want to consume more. According to him, FG will encourage the electricity distribution companies to allocate dedicated power to only those consumers who are ready […]

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 […]

Power Generation Down by 480MW

The Transmission Company of Nigeria (TCN) has said its Tower No. 62, along the Okpai-Onitsha 330kV double circuit transmission line in Delta State was vandalised last Tuesday. The line which evacuates power from the 480 megawatts (mw) Okpai Power Station in the state was hacked down at Asaba Uchi, Ndokwa East Local Government resulting in […]

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 […]

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