Challenges of keeping Nigeria’s lights on

OPINION Why are so many Nigerian homes still in the dark despite far-reaching reforms? In this fact sheet, we test the charge on Nigeria’s electricity challenge. Reliable electricity continues to elude many Nigerians despite a slew of policies and billions of naira in budget appropriations to improve supply. The country’s long-standing electricity deficit is persistently…

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Monthly remittances from Discos to NBET Fall to 8.33%

The latest report on the monthly remittances of monies collected by electricity distribution companies (Discos) has shown that the remittances of the companies have dropped to an all-time low of a paltry 8.33 per cent. The remittance performance report which was published by the Nigerian Bulk Electricity Trading Plc (NBET), also showed that five Discos…

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NERC to enforce new metering rule from April

The Nigerian Electricity Regulatory Commission (NERC) will on April 3, 2018 commence the enforcement of its recently unveiled Meter Asset Provider Regulations, 2018, a policy that seeks to bridge the widening metering gap in the electricity supply industry. It was gathered that the country’s metering gap had increased to about 4.74 million, as power consumers…

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Five DisCos default N16.2bn December remittance

A recent report made available by the Nigerian Bulk Electricity Trading Plc (NBET) has shown that five of the eleven electricity distribution companies (DisCos) failed to remit over N16.2 billion electricity generation companies (GenCos) supplied to them in December. The five DisCos did not remit any amount in the month of December, while two others…

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Ekiti Landlords protest fraudulent’ electricity tariffs, others by BEDC

By Energy Worth Landlord and landladies resident in Ado Ekiti, Ekiti State capital, on Wednesday, staged a peaceful protest against the Benin Electricity Distribution Company(BEDC) over what they termed ‘over-billing’. The protesters, who operated under the auspices of Ado Ekiti Landlords and Ladies Electricity Consumers Association of Nigeria (ALLECA), accused the company of demanding for…

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