Thursday, April 9, 2020
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FG Threatens to Takeover DisCos Over Failed Electricity Distribution

By Mathew Dadiya, Abuja The Federal Government on Wednesday, threatened to revoke the privatization license of the electricity Distribution Companies (DisCos) following their inability to improve distribution in the country. The government was furious that despite spending over N1.7 trillion on the companies to enable them stabilize power, they are only

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How Electricity Tariff Hike’ll Affect Manufacturers – MAN

By Joy Obakeye, Lagos Manufacturers Association of Nigeria (MAN), has said any increase in electricity tariff will reinforce the already high cost of manufacturing environment and further depress productivity in the sector. National President of MAN, Engr. Mansur Ahmed, said at the MAN's reporter of the Year event in Lagos that: "Electricity is a vital input for manufacturing process to

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The Electricity Tariff Increase

Nigerians were treated to another hike in the price of electricity just as they were settling down from the Yuletide holidays.  The eleven electricity distribution companies (DisCos) have as a result been mandated by  the Nigerian Electricity Regulatory Commission (NERC) to effect the tariff increase from April. The concerned DisCos are: Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu

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