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NOA mobilizes electricity consumers for NERC complaint resolution meeting

NOA mobilizes electricity consumers for NERC complaint resolution meeting
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

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Electricity: Policy flip-flop threatens $155m smart metres project

Electricity: Policy flip-flop threatens $155m smart metres project
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Nigeria: Electricity - Policy Flip-Flop Threatens U.S.$155 Million Smart Metres Project

Nigeria: Electricity - Policy Flip-Flop Threatens U.S.$155 Million Smart Metres Project
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Confusion As Buhari Sacks AEDC Management Over Workers' Strike

more(AFRICAN EXAMINER) – There was confusion among power sector operators on Tuesday after the President, Major General Muhammadu Buhari (retd.), fired the management of the Abuja Electricity Distribution Company as a result of the strike embarked upon by the AEDC workers the preceding day. Officials of the Federal Ministry of Power said the management of […]

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N120bn intervention: Deliver stable electricity, consumers tell Discos

Punch Newspapers
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Published 6 May 2021
Power consumer groups have called for increased and stable electricity from distribution companies following the N120bn capital expenditure fund provided by the Central Bank of Nigeria for the improvement of distribution infrastructure.
Officials of Electricity Consumers Association of Nigeria and the Nigeria Electricity Consumers Advocacy Network commended the Federal Government for the intervention through the CBN, but insisted that the funds must impact positively on the power sector.
Last week, the Special Adviser to the President on Infrastructure, Ahmad Zakari, revealed that the CBN had provided funding for capital expenditure by Discos in order to improve electricity distribution across the country.

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Nigerians pay billions of naira to DisCos despite frequent outages

While the customer base has improved to over 10 million, according to enumeration records submitted to the Nigerian Electricity Regulatory Commission (NERC), power outages, rationing and low voltage are still prevalent among consumers.
Analysis of revenue collection by the DisCos in 2019 shows that they improved the Nigerian Electricity Supply Industry (NESI) yearly collection by N39 billion, reaching a total of N485 billion, with a collection efficiency of 69 per cent.
According to revenue records released by the Association of Nigerian Electricity Distributors (ANED), by the first quarter of 2020, DisCos had realised N127bn, which was over 10 per cent improvement than their quarterly collection of 2019.

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