SALE OF DISCOS…Experts, Labour Want Debt-ridden Firms Unbundled
The government is also planning to unbundle the DisCos along state lines and restructure them for better management and efficiency.
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The government is also planning to unbundle the DisCos along state lines and restructure them for better management and efficiency.
Some electricity distribution companies have continued to blame technical faults and other challenges for their inability to supply 20-hour power to customers on Band A feeders.
Three electricity distribution companies have blamed Transmission Company of Nigeria for not supplying 20-hour power customers on Band A feeders amid the
Prof. Wumi Iledare, Professor of Petroleum Economics and Policy Research, commented: "The new tariff may be based on an increase in the wellhead price for gas. We must agree, however, that N68 per KWhr is a substantially lower price ceiling than the current market clearing price. N68 is likewise not close to the fair return price of an economic good with a declining marginal and average cost curves.
The minister of Power, Adebayo Adelabu, has recommended capital punishment for any offender arrested in connection with the practice.