Business Hilights

Tracking Nigeria's Headline Business News Online

Association of National Electricity Distributors (ANED)

Expect electricity tariff hike after criminalisation of estimated billing—NASS

The National Assembly (NASS) weekend introduced fresh angle to the rattling of Nigerians by reactions and counter-reactions of Discos and the Nigerian Electricity Regulatory Commission (NERC) over imminent increase in electricity tariff. The Speaker of the Federal House of Representatives,…

Consumers lose N170bn to estimated billing as Discos lose N30b on power theft monthly

Nigerians that are on estimated billing in their monthly access to electricity are losing about N170 billion to the tariff payment formula which power Distribution Companies (Discos) are not willing to stop due to their claims of paucity of funding….

ANED accuses Gencos, NBET of over-invoicing energy charges to Discos

Association of National Electricity Distributors (ANED), an umbrella body for the Discos, has raised fresh alarm over how Nigerian Bulk Electricity Trading Company (NBETC) is conniving with power Gencos to issue invoices that had higher capacity charges than energy charges…