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DisCos expect external auditors in preparation for World Bank's $750m facility

Group Urges Buhari to Block Alleged Plot against Eligible Customers


By Ndubuisi Francis
The Coalition of Arewa Assembly has decried the alleged move to stop the provision of eligible customers (EC) in the Nigerian electricity market, appealing to President Muhammadu Buhari and his economic team to urgently wade into the matter to avert economic collapse.
The Electricity Power Sector Reform Act (EPSRA) 2005 defines an ‘eligible customer’ as a customer that is eligible, pursuant to a directive or directives issued by the Minister of Power under Section 27, to purchase power from a licensee other than electricity distribution companies (discos).
A former Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, had on May 15, 2017, declared four categories of eligible customers in the Nigerian Electricity Supply Industry (NESI). ....

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Electricity tariff: Digesting NERC's Item Seven


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The misdeeds of the living bring fond memories of the dead. Very many official events in today’s Nigeria bring Fela Anikulapo Kuti to mind. One instance was on Tuesday when Nigerians began to share the news of what they saw as a fresh increase in electricity tariff. Its suddenness and the (now common) insensitivity by the authorities were the focus. But there was a quick interjection by the Nigerian Electricity Regulatory Commission (NERC). The commission came up with an elaborate statement to explain and clarify and, of course, deny that there was a hike in the price of electricity. The explanation was signed by Chairman or NERC, Sanusi Garba and Commissioner, Edafe C. Akpeneye. Then there was another one attributed simply to ‘Management’, directed at the media houses which had published that electricity tariff had gone up by 50 per cent. ....

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