This was contained in a document Abba Terab, the DGM, Market Competition and Rates for the commission and made available on Saturday in Lagos.
Browsing: discos
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.
The organization, alongside is demanding for probe on the spending of public funds as ‘investments and bailouts’ to DisCos and GenCos since 2005.”
Isa Sanusi, Special Adviser on Media to the Minister of Power, made this known in a statement in Abuja on Wednesday.
The Director-General, Bureau of Public Service Reforms (BPSR), Dasuki Arabi made this known in an interview Sunday in Abuja.
The News Agency of Nigeria reports that the suit, which would be heard before Justice Lateef Lawal-Akapo, was filed by the All Electricity Consumers Protection Forum (AECPF).
Balogun made the demand in an interview he granted the News Agency of Nigeria on Tuesday in Lagos State.
The CBN Governor, Godwin Emefiele made the revelation while presenting the communiqué from the Monetary Policy Committee meeting of the apex bank in Abuja.
The group made this known in a letter to the Nigerian Electricity Regulatory Commission (NERC) which was obtained by the News Agency of Nigeria (NAN) on Monday in Lagos.
The organization says the increase in electricity tariff will further erode the purchasing power of Nigerian workers in formal and informal sectors and will further impoverish more Nigerians.
Felix Ofulue, Head, Corporate Communications, IE, confirmed the development on Sunday in Ikeja, Lagos State.