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Shiroro, six others suffer from Discos load rejection

Shiroro, six others suffer from Discos load rejection
punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.

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Discos to pay for energy rejection – NERC

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Okechukwu Nnodim, Abuja
Power distribution companies that reject electricity load due to constraints in their networks will now have to pay for the capacity charge of the rejected energy, the Nigerian Electricity Regulatory Commission said on Thursday.
On several occasions, power generation and transmission companies had complained that Discos were in the habit of rejecting electricity allocated to them for onward distribution to power users.
Also, the Minister of Power, Sale Mamman, had condemned the practice.
To address this, the NERC in its Guidelines for Implementation of Economic Merit Order Dispatch and Other Related Matters, obtained in Abuja on Thursday, stated that going forward, any Disco found wanting in this matter would have to pay. ....

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Breaking News | Buhari's oil ministry reels under corruption allegations

• NNPC spends N116m on biro, paper, ink
• Over N4.1b, $21b in one month
• NASS under attack for oversights failure
• Investigate, prosecute ministry officials involved in contract splitting, lawyers urge
Lawyers have urged the Federal Government to investigate and prosecute Ministry of Petroleum Resources officials involved in contract splitting as disclosed by the Senate. This, they said, would serve as deterrent to others.
The Senate recently uncovered how the ministry, which is headed by President Muhammadu Buhari, spent N14 million for biros and N46 million for letterhead papers and raised the alarm.
Stakeholders in the oil and gas sector as well as transparency and accountability advocates are disturbed over how the Ministry of Petroleum Resources, directly overseen by President Muhammadu Buhari spent a whopping N116 million on biros, papers and inks in one year. ....

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