The Chairman, Senate Committee on the Environment, Senator Yunus Akintunde (APC – Oyo Central) said this at the plenary on Thursday.
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The Managing Director of NDPHC, Jennifer Adighije, said this in a statement in Abuja on Sunday through her Technical Adviser (Media), Adesanya Adejokun.
Chief Adelabu disclosed this during a meeting with the Japanese International Cooperation Agency (JICA) in Abuja.
The electricity sector regulator made this known in a statement it issued to the public and newsmen on its website in Abuja on Thursday.
Unfortunately, after 12 years of practical operations, these private investors have turned out to be technically incompetent with severe illiquidity challenges that weaken their capacity to perform, demonstrate competence, and deliver electricity satisfactorily to customers in line with policy and public expectations. Worse still, nothing suggestive that the DISCOs can improve in performance and efficiency, translating into a burden for Nigerians, in the absence of government’s interference.
The Lagos State-based prophet revealed this on Sunday in a statement signed and issued by his media aide, Oluwatosin Osho.
It said this was to address concerns surrounding the phase-out of Unistar prepaid meters by Ikeja Electric Plc and other DisCos.
The Nigeria Electricity Regulatory Commission made this known on its Website in its Second Quarter 2024 report in Abuja on Thursday.
It was learnt that the amount which will come from the Meter Acquisition Fund, MAF, would enable the utilities to address the huge metering gap in the Nigerian Electricity Supply Industry, NESI.
This was contained in a document Abba Terab, the DGM, Market Competition and Rates for the commission and made available on Saturday in Lagos.
The Federal Government said this in a statement in Abuja Wednesday by the Minister of Power, Adebayo Adelabu.
The News Agency of Nigeria reports that NERC fined the DisCos N10.5 billion as part of its sanction on 11 of them.
The management of the Commission made the revelation in a statement it issued on the issue in Abuja on Friday.
Many communities across the country since last month have been experiencing low energy supply and outright outage in some.
Rep. Bamidele Salam, the Chairman of the Public Account Committee of the House, said this on Thursday.
The loans were designated for accelerated intervention.
These include: effective transmission and distribution interface lines and substation projects
A top official in one of the Discos in Lagos, who preferred anonymity, told the News Agency of Nigeria (NAN) Sunday that the code, a software which is of an international standard, is to upgrade old metres to STS rollover.
The resolution followed a motion by the Deputy Minority Whip, Aliyu Madaki at the plenary in Abuja on Thursday.
This figure was from the NBS Nigeria Electricity Report for Q1 2023, which was released in Abuja on Wednesday.
This was according to the NBS Nigeria Electricity Report for Q3 and Q4 2022 released in Abuja on Monday.