Saturday, September 19, 2020
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New Electricity Tariff Takes-off

By Mathew Dadiya, Abuja Electricity Distribution Companies (DisCos) have effected implementation of the new tariff regime of power supply, beginning from September 1 in line with service-based principles. Chairman, Nigerian Electricity Regulatory Commission (NERC), James Momoh, had said under the service-based principles, DISCOs would only increase tariff rates for customers when they

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Siemens to Train DisCos, Stakeholders on 25,000MW Electricity Contract

German multinational conglomerate company, Siemens, has concluded plans to train electricity Distribution Companies and other electricity stakeholders in the country. Siemens in a statement on Thursday stated that 11 DISCOs, Transmission Company of Nigeria (TCN), and regulators would be trained on all the equipment and software being provided in the

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Benin, Niger Republics Owe Nigeria $20m on Electricity -Presidency

By Matthew Dadiya, Abuja The Presidency said yesterday, that two of Nigeria’s neighbours were indebted to the country  to the tune of $20million between  2018 and 2019 over supply of electricity. Also, the Presidency disclosed that the actual cost of electricity generated within the said timeframe (2018-2019) by all the electricity generation

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Nigeria President of the Senate Ahmed Lawan

Senate Seeks Review of Power Purchase Agreement With Azura Power Plant

The Senate on Wednesday, called for a review of the Share Purchase Agreement (SPA) between the Federal Government and Azura Power Plant, saying the agreement was a drain on the nation’s resources. The upper chamber passed the resolution as additional prayer by Deputy Senate President Ovie Omo-Agege while adopting the recommendations

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No Plan to Reverse Privatisation of Power Sector — Senate

Sen. Gabriel Suswan, the Chairman Senate Committee on Power says the senate  has no plans to reverse the privatisation of the power sector. Suswan made this known  in Abuja during  the committee’s oversight visit to some government structures being occupied by the Abuja Electricity Distribution Company (AEDC). According to him, the

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