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DisCos Fail To Remit N128bn In Six Months
By Abah Adah, Abuja The federal government has accused power distribution companies, DisCos, of not remitting a total of N128.3bn between January and June 2022. This was disclosed in the second quarter 2022 report of the Nigerian Electricity Regulatory Commission
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AEDC Appoints New Managing Director
The management of Abuja Electricity Distribution Company (AEDC),m has announced the appointment of Mr Adeoye Fadeyibi as its new Managing Director/Chief Executive Officer. The appointment was announced by the Chairman of the Board of AEDC, Mr Victor Osadolor in a
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Power Outages: Ministry’s Not In Charge – Reps
Teddy Nwanunobi House of Representatives Committee on Power yesterday tackled the Ministry of Power over prolonged power outage in the country, saying that the ministry was not in charge of affairs in the sector. Consequently, the lawmakers felt that the
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TotalEnergies Commited To Energy Transition Sustainability Policy
Cyril Ogar As the global campaign for cleaner energy gathers momentum, Total Energies Marketing Nigeria Plc, has assured that its customers remain critical stakeholders in its strategic evolution into a major player in the transition to new energies. This disclosure was
Read MoreGeometric Power Takes Over Aba Ring-Fenced Area
…Okoh Charges New Owner To Transform Franchise Area Mariam Sanni,Abuja The Bureau of Public Enterprises (BPE) has formally handed over the Aba ring-fenced area of the Enugu Electricity Distribution Company (EEDC) to Geometric Power with the Director General of the Bureau
Read MoreDiscos Revenue Targets Are Based On Actual Consumption – ANED
Joel Ajayi The Association of Nigerian Electricity Distributors (ANED) has said, contrary to ‘misinformation’ concerning the nature and purpose of revenue targets Distribution Companies (Discos) give their staff, such targets are usually set based on what customers have consumed. “One
Read MoreDespite Privatisation, FG Okays N65.3bn For Power Projects In 2022
As NSIA, REA roll out 200,000 Solar Home Systems Cyril Ogar Federal Executive Council meeting has approved N65.39bn in foreign and local denominations to execute power projects in the country. The Minister of Power, Abubakar Aliyu, disclosed this to State
Read MoreTCN Restores Power Supply In Lagos, After Breakdown Of 5 Towers
The Transmission Company of Nigeria (TCN) says it has restored power supply to areas affected by early morning explosion, which brought down its five 33KV Towers through the activities of vandals in Isheri area of Lagos. Mr Sule Abdulaziz, the
Read MoreBPE Names Interim Management Team For AEDC
Mariam Sanni Abuja The Bureau of Public Enterprises (BPE) has named members of the interim management team for the Abuja Electricity Distribution Company (AEDC) Plc. They are: Bada Akinwumi; Interim Managing Director, Sani Usman; Interim Chief Business Officer, Babajide Ibironke;
Read MoreBlackout Hits Abuja Others As AEDC Workers Shutdown Facilities
• As TCN laments disruption in power evacuation Cyril Ogar The staff of Abuja Electricity Distribution Company, AEDC, have shut down operations of the company. The action has led to blackout in the Federal Capital Territory, neighboring Kogi and Niger
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