Discos’ demand for subsidy: Another boil in the buttocks loading?
As Nigeria and Nigerians still remain confused on the real status of the endless removal of fuel subsidy, storng indications have emerged showing that another avoidable regime of subsidy is loading in the nation’s electricity sector. This stemmed from the…
‘BPE’s stand on Discos makes it accomplice in their poor performances’
Industry experts have picked deep holes in what they describe as the strange of the Bureau of Public Enterprises (BPE) in opposing the reversal of the privatisation of the country’s power sector. Before now, every stakeholder in Nigeria’s power project…
Drop in gas supply frustrated power generation throughout 2019
Fact check beginning from January 2019 to year end on reasons behind poor supplies of electricity across the country has revealed that distorted supply of gas to power plants remains the highest factor amongst others. Also, the poor supply of…
New power policy rendering Discos technically useless in power value chain?
The newly unveiled electricity distribution policy, called ‘willing seller, willing buyer’ have continued to generate confusion as to the place of Discos in the emerging new value chain of electricity delivery from generation to end users. In a statement issued…
Disocs owe Transitional Electricity Market over N263bn in 4 years
More details have emerged on why the needed progressive investments in the nation’s electricity sector had reduced to snail speed in the last couple of years, thus fueling regular collapse of national grids and nationwide blackouts from time to time….
Rising stranded capacity means TCN, Discos lacked capabilities—AGPC boss
At a time the Minister of Power, Works and Housing, Mr. Babatunde Fashola is forcing Nigerians to believe that 24 hours electricity supply is live, the Executive Secretary, Association of Power Generation Companies (APGC), Dr Joy Ogaji, has opened up…
Gencos, Discos have failed their agreements in powering Nigeria—Esele
Former President of the Trade Union Congress (TUC), Mr Peter Esele, has explained that against established timelines in the privatisation agreement sealed during the unbundling of Power Holding Company of Nigeria (PHCN), both the Gencos and Discos had failed to…
Recapitalizing Discos best option to drive metering Nigerian electricity consumers—FG
In what tends to suggest that the recent process where about 85 companies had been licensed to meter Nigerian electricity consumers as Meter Access Providers (MAPs) is bound to fail on arrival, the Minister of Power, Works and Housing, Babatunde…
SERAP drags Fashola to court, seeks interpretation of spending on power firms
Global best practices on privatization means no more government involvements in terms of expenses either for or on behalf of new owners of privatized government enterprises. However, the Socio-Economic Rights and Accountability Project (SERAP) has observed that this is not…
FG should watch Discos while it doles out N37bn for Meter Asset Providers—Expert
A Lagos based Economist and public policy analyst, Mr. Sam Olisa has called on Minister of Power, Works and Housing, Mr. Babatunde Fashola to be wary of power Distribution Companies (Discos), saying due to the much money they milk from…
