News

DISCOS TO THROW IN THE TOWEL?

August 13, 2018 Jeremiah 0

The Discos made a selling offer to the Nigerian Government last week while reacting to the recent presses mounted on them by the Power, Works and Housing Minister, Babatunde Fashola, to other perform or quit. […]

Editorial

LIQUIDITY CRISIS: DISCO FOR SALE?

August 12, 2018 Jeremiah 0

Despite an approved ₦72 billion investment by the Federal Government, some private investors who bought into the eleven DisCos have offered to hand over their assets to the government or any buyer within 24 hours […]

News

NBET RECEIVE FRESH FUNDS TRANSFER

August 11, 2018 Jeremiah 0

The Association of Nigerian Electricity Distributors (ANED) and the Association of Electricity Distributors Investors (AEDI) alleged that the Ministry of Power had diverted the funds into awarding “frivolous, over-priced and senseless contracts”. The allegation followed […]

News

ISSUES IN THE NIGERIAN POWER SECTOR

August 10, 2018 Jeremiah 0

The Nigerian power sector is one saddled by huge debt, the Federal Government owed N185 billion judgement debts due to aggrieved parties challenging in court decisions by government officials that were not thoroughly evaluated. This was […]

News

HIKE IN ELECTRICITY TARIFF IMMINENT

August 8, 2018 Jeremiah 0

Residential consumers face a 14% increase in electricity tariff due to the Eligible Customer Policy introduced by the Federal Government in the power sector, power distribution companies have said. The policy which was introduced in […]

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