The Association of Electricity Distribution Companies (ANED) has appealed to the Federal Government to provide the N100 billion subsidy it promised after private investors took over the power sector utilities on November 1, 2013. ANED, in a statement by its Executive Director, Mr Sunny Oduntan also appealed to the government to inject funds into the […]
Read More
The Nigerian Government has made budgetary provisions to provide a more aggressive funding of the power sector. Special Adviser to the President on Economic Matters, Office of the Vice President, Dr. Adeyemi Dipeolu, revealed this at an interactive forum with business journalists in Abuja, weekend. He said Power Generation Companies, GenCos, had achieved about 12,000 megawatts […]
Read More
Nigeria electricity distributors under the umbrella, the Association of Nigerian Electricity Distributors (ANED) have projected that the electricity market revenue would record an N809.8 billion shortfall by December. Sunday Oduntan, the Executive Director, Research and Advocacy, ANED, disclosed this at a news conference by the association in Lagos. Oduntan said the projected shortfall was based […]
Read More
