Eko Disco to give 100 free prepaid meters to customers

The Management of Eko Electricity Distribution Company (EKEDC) says it will give 100 free prepaid meters to its customers during the company’s “Customers’ Service Week”. Its General Manager, Corporate Communications, Mr Godwin Idemudia, who made this known on Wednesday, said it was aimed at ensuring 100 per cent customer satisfaction. Idemudia, in a statement in […]

NERC reports 58% metering supply gap in power sector

The power sector regulator, Nigerian Electricity Regulatory Commission (NERC) has reported that as at the end of the second quarter this year, meter supply shortfall in the sector rose to 58 percent, representing a marginal drop of 3.9 percent of the supply level in the preceding quarter. The latest report by the Commission on the […]

IBEDC invests N11.5bn on metering, other capital projects

The Ibadan Electricity Distribution Company (DisCo) said that it invested over N11.5bn in metering, network upgrade and rehabilitation in the first half of this year. The company’s Managing Director, Mr John Donnachie, who made the disclosure at the weekend during a facility tour and equipment inspection in Ibadan, said the funding initiative was aimed at […]

Eligible Customer Policy implementation ‘ll hike tariffs – DisCos

The Association of Nigerian Electricity Distributors, (ANED) has predicted that the implementation of the newly adopted Eligible Customer policy by the Federal Government in the power sector will raise electricity tariff payable by residential consumers by 14 percent. The Association, however, said that they had no problem with the declaration by the government, but stressed […]

Discos: We’re ready to quit Nigeria’s power sector, resell firms at discounts

The disagreement between the Federal Government and power distribution companies continued on Tuesday, with the Discos threatening to quit the sector and expressed willingness to resell the power assets at discounted rates. Investors in the Discos came out this time around to speak for their companies rather than sending the spokesperson for the Association of […]

FG approves N72bn to boost Nigeria’s power distribution networks

The Federal Government has approved N72 billion to enable Electricity Distribution Companies (DisCos) step up electricity generation. This is aimed at meeting the needs of consumers in the country. Managing Director of the Transmission Company of Nigeria (TCN), Usman Gur Mohammed, disclosed this yesterday at a media forum in Abuja. He said the lack of […]