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DisCos requires N100 billion to resolve electricity instability

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 […]

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Babatunde Fashola

‘Electricity Power rises to 5,074.7MW’

FOR the first time in the history of the country, electricity generation rose to 5,074.7 megawatts on Tuesday, according to the System Operator of the Transmission Company of Nigeria. The Minister of Power, Works and Housing, Babatunde Fashola, promised on Monday that power generation would increase by 2000MW before the end of this year. Power […]

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