Yola Disco, 2 Power Plants for Sale The federal government will re-sell the Yola Electricity Distribution Company (Disco), which was returned to it in 2015 by a core investor because of the Boko Haram insurgency, and two additional gas-fired power generation plants. This development is coming...

The 11 electricity distribution companies operating in the country has said the Federal Government had failed to release the N100bn subsidy it promised operators in the sector after private investors took over about 18 successor companies of the defunct Power Holding Company of Nigeria on...

Should the lull in power supply persist, the sector’s revenue loss will be about N809.8 billion by next January, the Executive Secretary, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, has said. Besides, payment for electricity bills has fallen substantially as only 35 per cent...

The Association of Electricity Distribution (ANED) in Nigeria has faulted the statement credited to a business mogul, Alhaji Aliko Dangote, the president of Dangote group that the power privatization should be reversed by the federal government. Dangote had last week in Jos said that the...

The Association of Nigerian Electricity Distributors (ANED) says ministries, departments, agencies and the Nigerian Army are owing the Distribution Companies (DISCOs) N60 billion from 2015 to February. Sunday Oduntan, the Executive Director of ANED, said this on Tuesday, at a news conference by the association,...

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...