electricity

Electricity

Electricity Consumers To Pay More As Discos Hike Tariffs

January 31, 2020 10:48 am

Electricity consumers in Nigeria, who are still battling with estimated billing and insufficient power supply, will pay more tariff and cost on meters beginning from this week.

Electricity Distribution companies (DisCos) have, according to checks by New Telegraph , slated February 1 to begin the implementation of 2.5 per cent increase, which had raised Value Added Tax (VAT) on meters to 7.5 per cent.

VAT on tariffs have also been adjusted to accommodate the new 7.5 per cent rate, and service charges on installment meter payments through Meter Assets Provider (MAP) will be reviewed to accommodate the new VAT charge.…

Electricity

Electricity Workers Threaten Nationwide Strike

January 30, 2020 4:22 am
Electricity workers under the aegis of the National Union of Electricity Employees (NUEE) have given a 14-day ultimatum to the Federal Government to implement the agreement they signed last month with the government.

Its General Secretary, Mr Joe Ajaero, spoke to journalists at a news conference on Wednesday in Lagos.

Ajaero said that if after the ultimatum the issues were not addressed, the union would resume its suspended industrial action without further consultation.

The General Secretary accused Minister of State for Power, Goddy Agba, of harassment and intimidation during the meeting held on January 27.

Ajaero said that some of

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Akon: I Invested $1Bn To Provide Electricity For Africa

January 24, 2020 2:07 am

Senegalese American vocalist Akon born Aliaune Damala Bouga Time Puru Nacka Lu Lu Lu Badara Akon Thiam (/ˈeɪkɒn/; born April 16, 1973)  is known for his R&B-style vocals, which are featured in his own hit songs as well as collaborations with hip-hop artists. He is a songwriter, record producer, entrepreneur, philanthropist, and actor.

Akon has been in the stardom spotlight since 2007 and is regarded as one of the top acts to emerge from Africa. He recently talked about his $1 billion investment in a Chinese company to provide electricity to Africans on his verified Facebook page.

Read Also: Akon

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Kano Electricity Company Laments Loss Of ₦52bn Revenue

January 19, 2020 5:39 pm
The Kano state Electricity Distribution Company KEDCO did not find it easy in it’s revenue collection in 2019 as the Company is said to have lost energy worth N52 Billion Naira Supplied to it by the Regulators.

Speaking while unveiling new Customer Strategy and Company award and Empowered Conference, the Managing Director of the company Mr Jamilu Isiyaku Gwamna said KEDCO cannot meets its obligations with the serious problems facing them.

The Managing Director noted that they have introduced several measures to curtail energy loss and lack of staff commitments to Company growth as well as revenue collection, which

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Electricity Tariff: Nigerians Paying For Darkness – Reps

January 10, 2020 1:07 am

The Deputy Minority of the House of Representatives, Toby Okechukwu has raised the alarm on the recently announced increment in electricity tariffs.

Mr. Okechukwu while speaking to THISDAY queried the basis for the increment which resulted in the Enugu zone being charged more than Lagos. He said that the House through its committee on Power will interrogate the increment.

According to the new increment released by Nigeria, Electricity Regulation Commission (NERC) electricity consumers in Ikeja got an increment from N13.34 per kWh since under the 2015 MYTO when the last review was carried out to N21.80 per kWh, while consumers

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Electricity

PDP, Consumers Kick Against New Electricity Tariff Hike

January 6, 2020 12:35 pm

Electricity consumers yesterday kicked against a new regime of electricity tariff for the 11 electricity distribution companies (Discos) across the country, just as the People’s Democratic Party(PDP) rejected the hike.

The PDP, in a statement by its National Publicity Secretary, Kola Ologbondiyan, said the increase is draconian and against the interest of Nigerians.

Consequently, the party charged the Federal Government to immediately rescind the increase, which it described as “obnoxious and provocative”, and consult further with the citizens on the issue.

But, in a dramatic twist, the Nigerian Electricity Regulatory Commission(NERC) says no tariff increase has been approved by the …

NERC Denies Increase In Electricity Tariff

January 6, 2020 5:44 am
The Nigerian Electricity Regulatory Commission (NERC) on Sunday said no tariff increase was approved by the commission.

NAN had reported that President Muhammadu Buhari-led Federal Government through the Nigerian Electricity Regulatory Commission, NERC, approved an increase in electricity tariff by the Electricity Distribution Companies, DisCos, in the country.

The directive of the new tariff regime for different DisCos and category of customers was published on NERC website on Saturday.

The directive was signed by the NERC Chairman, Prof. James Momoh and Secretary, Mr. Dafe Akpedeye.

Read Also: PDP Attacks Govt Over Increase In Electricity Tariff

But, Mr Usman Arabi, General

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PDP Attacks Govt Over Increase In Electricity Tariff

January 5, 2020 2:14 pm
The Peoples Democratic Party, PDP, rejected the over 200 percent increase in electricity tariff announced by the President Muhammadu Buhari-led administration.

PDP described the decision as “draconian” and completely against the interest and wellbeing of Nigerians.

A statement by PDP’s spokesperson, Kola Ologbondiyan on Sunday charged the Federal Government to immediately rescind the obnoxious and provocative policy and consult further with Nigerians before any such tariff hike.

PDP described the increase in electricity tariff as a furtherance of the fleecing of Nigerians, who are already overburdened and groaning under the weight of high costs, economic repression and heavy taxes foisted

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Buhari Sacks Electricity Company MD, 2nd Official Fired

December 24, 2019 1:57 pm
The gale of sack under the President Muhammadu Buhari government continued on Tuesday.

The Minister of Power, Mr Sale Mamman, has ordered the immediate step-down of Dr. Marilyn Amobi, Managing Director of Nigerian Bulk Electricity Trading Company (NBET).

Mr Aaron Artimas, the Special Adviser to the Minister on Media and Communication, announced the decision in a statement in Abuja on Tuesday.

Artimas said that the decision was continuation of the reorganisation/sanitation in the Ministry of Power.

He said that the minister directed that the decision should take effect immediately.

“‘In view of this, the minister has also directed the constitution

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NERC: Why Some Nigerians Don’t Pay Electricity Bills

December 24, 2019 7:03 am

The Nigerian Electricity Regulatory Commission (NERC) has given reasons why some Nigerians don’t pay the 11 electricity distribution companies (Discos) for power supplied to them.

The NERC, in its latest quarterly review of the sector’s activities for the second quarter of 2019, stated that the Discos have largely failed to provide meters to their customers which would have enabled them to account for their electricity consumption patterns.

“The metering gap for end-use customers is still a key challenge in the industry. The records of the commission indicate that, of the 8,881,443 registered electricity customers, only 3,811,729 (42.92 per cent) …

Electricity Workers Suspend Strike Action

December 12, 2019 7:15 am

The National Union of Electricity Employees (NUEE) has suspended its strike action embarked upon on Wednesday to draw federal government’s attention to the plight of its members.

Following a meeting with officials of the federal government, the union accepted to discontinue the one-day old strike action.

According the National President of NUEE, Comrade Joe Ajaero who confirmed the outcome of the meeting to THISDAY, the workers’ grievances were conclusively addressed.

He said that all the concerns of the union and it’s members were addressed at the talks which lasted till the wee hours of today.

“ We have concluded deliberations …

Electricity Tariff Increase Inevitable, Says FG

December 10, 2019 1:08 pm

The federal government has said it is expecting an improvement in electricity supply to Nigerian, just as it revealed that an increase in electricity tariff will be inevitable.

The Minister of Power, Saleh Mamman, said this a statement signed by his media aide, Aaron Artimas.
He said the government was heavily burdened by the financial interventions it was providing the power sector to cushion its challenges.

Mamman, equally complained that while the cost of electricity units in neighboring Niger Republic was higher than it is in Nigeria, consumers in Niger were prudent in their payment for electricity bills unlike in …

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