Business Hilights

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Association of Nigerian Electricity Distributors (ANED)

Heaps of prepaid meter applications rot at Discos—Report

A new report released by Business Hilights Intelligence Unit (BHIU) on Sunday, 22 March 2020, has shown that contrary to the claims of Nigerian Electricity Distribution Companies (Discos) and Association of Nigerian Electricity Distributors’ (ANED) that they have been fastening…

‘FG should tie April new electricity tariff regime to total metering of customers’

…As NECA says proposed hike necessary For the fact the ‘December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020,’ recently released by the Nigerian Electricity Regulatory Commission (NERC) indicates that new tariff…

Discos mock FG over rumours to payoff current investors with N736bn

In what may suggest hide and seek game between the Federal Government and current investors in electricity distributors, the Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, has ruled out possibilities of revoking Discos’ licences…

Blame game deepens as Discos trace grid collapse back to TCN’s transmission lines

Barely one week after the management of Transmission Company of Nigeria (TCN) blamed the 11 electricity Distribution Companies (Discos) for all the recorded collapse of national grid this year, Association of Nigerian Electricity Distributors (ANED), the umbrella body of Discos…

Discos reveal one of two reasons it can’t recapitalize, conceals most sensitive

After long period of silence over repeated calls by stakeholders and mainly the Transmission Company of Nigeria (TCN), the leadership of the Association of Nigerian Electricity Distributors (ANED), has came out of their shell to give reasons why recapitalisation of…

Fresh metering confusion emerges as Discos hand off provision, say MAPs in charge

The Association of Nigerian Electricity Distributors (ANED), the umbrella body of the Discos has given an indication that members of the body are no more responsible for the provision of prepaid meters to electricity consumers. Executive Director, ANED, Sunday Oduntan,…

We can’t be silenced considering our $1.4b investment, DisCos tell Minister

Contrary to the spirit of the latest Communiqué issued by Nigeria Electricity Regulatory Commission (NERC), barring the Association of Nigerian Electricity Distributors (ANED) from denigrating the Minister of Power, Works and Housing, Babatunde Fashola on critical industry issues, the Association…

Discos void Minister’s comments, accuse him of distortion of industry facts

Following last week’s revelations by the Minister of Power, Works and Housing, Mr. Babatunde Fashola that key part of 11 Discos deal when PHCN was unbundled was the provision of meters to consumers’, the Executive Director, Research and Advocacy, Association…

Addressing the four million metering gap in Nigeria’ll cost N299bn—ANED

The leadership of the Association of Nigerian Electricity Distributors (ANED), an umbrella body for all the Discos, has opened up on why power distribution companies cannot meter Nigerian electricity users according to the provisions of their agreement with the federal…

Lack of commercial viability forcing us to reject power—Discos open up

The spokesman of the Association of Nigerian Electricity Distributors (ANED) and Director of Advocacy and Research, Sunday Olurotimi Oduntan in Abuja on Thursday opened up on why many power Distribution Companies (Discos) engage on load rejection. Nigeria is currently serviced…