FG probes extension of DisCos’ licenses, faults power privatisation | The Guardian Nigeria News – Nigeria and World News

[ad_1] •Says immediate increase in tariff not necessary for political reasons•Adelabu insists review of DisCos imminent, saying portfolio too large The Minister of Power, Adebayo Adelabu, yesterday said privatisation was…

Vital role of investments in power sector

[ad_1] When discussing investments for economic progress, some major industry players often receive well-deserved recognition. The power sector, however, that stands out as an essential enabler for the entire economic…

One year after takeover of DisCos, darkness, liquidity crisis persist

[ad_1] By Waliat Musa  |   15 November 2023   |   4:35 am   • Stakeholders highlight cash flow, government policies as key challenges for DisCos under AMCON’s control•…

Licences of 17 Discos, Gencos due for renewal, revocation Nov. 1

[ad_1] 19 Sep I think the greatest challenge to youth leadership in Nigeria is lack of faith! On the one hand, the older generations do not believe in the capacity…

Discos—a dead weight around our necks?—II

[ad_1] Unbeknown to the Regulator, presently the DISCOs are not even maintaining their existing infrastructure. Basically, they are wasting the outlays on works that do not update or properly assure…

Discos—a dead weight around our necks?—I

[ad_1] Privatisation of Discos has been on the anvil since the 1994 World Bank spurned reform primarily relating Wapda’s Power Wing. It was envisaged that in the next 3-4 years,…

No more business as usual—II

[ad_1] Known solutions to our problems start with merit-based governance and justice system adhering to our Constitution. Structural changes need to be made to existing layers of governance of local…

Power sector controversy: take-or-pay contracts

[ad_1] Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are under great debate. Many people argue that these are unfair and unjust.…

Govt as the biggest power defaulter

[ad_1] The media is replete with news of the Power Sector – mostly negative. Most recently, it is the exorbitant bills being received by the people and the ensuing protests.…

Metered consumers up by 10.4% as DisCos generate N263b in 12 months

[ad_1] • Supply increases by 13 per cent The number of metered electricity customers in Nigeria stood at 5.47 million in Q2 2023, indicating a growth of 10.4 per cent…