The N44.5bn electricity debt owed by the military is weighing on the activities of power distribution firms across the country. Daily Trust findings show that the Army, the Navy and the Air Force owe a cumulative debt of N22bn between 2013 and 2016. There is also...

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has advised power Distribution Companies (DISCOs) to patronise local meter manufacturing companies in the country. He gave the advice while inaugurating the Mass Meter Deployment programme in Kano. The minister said such patronage was necessary to...

While agreeing that the privatisation of power sector was illegal, the federal government has insisted that the increase in electricity tariffs is in order The Minister of Power and Works, made the disclosure while speaking at a Senate public hearing on the electricity tariff. He...

The total electricity debt owed to Distribution companies Discos by Ministries Departments Agencies and parastatals MDAs as at April ending, 2016 is (78,676,366,684.22) N78.6 billion, the Association of Nigerian Electricity Distributors ANED has revealed. In its break down, the total electricity owed by the Nigerian...

Electricity distribution companies (Discos) may soon declare a force majeure, the Chief Executive Officer of one of the companies has confided in the Nigerian Tribune. A force majeure is a term included in contracts to shield parties from bearing the burden of unavoidable developments which...

Immediate consequences of the Senate's directive to the Nigeria Electricity Regulatory Commission and other stakeholders to reverse electricity tariff increment have been spelt out. The Association of Nigerian Electricity Distributors, ANED, has warned that with suspension of the new electricity tariff would come loss of...