•Owed N781bn by govt agencies, others •Regular power supply still a mirage •Gencos, Discos reel under heavy debt burden Chuks…
Browsing: ANED
…Electricity distributors say huge consumer-debts inhibiting operations Ike Amos 02 November 2016, Sweetcrude, Abuja – Economists and power industry experts are expressing fresh…
Kunle Kalejaye 01 November 2016, Sweetcrude, Lagos — The Association of Nigerian Electricity Distributors, ANED in Nigeria has replied Africa’s…
In a statement, the ANED Executive Director, Research and Advocacy, Mr. Sunday Oduntan, said that the Distribution Companies had not submitted any proposal to the Nigerian Electricity Regulatory Commission (NERC) on tariff increase.
Obiaya also said the Discos now consider the CBN intervention fund as a curse because it has not done for them what they expected.
Fashola further announced that the Debt Management Office (DMO) has come up with a financial scheme that will be used to assist the MDAs to pay their electricity bills.
27 August 2016, Lagos — Distribution companies, under the Association of Nigeria Electricity Distribution, ANED, have attributed the poor state…
25 August 2016, Abuja – Power distribution companies have said they are currently losing over N1bn every month as a result…
24 August 2016, Lagos – The 11 electricity distributions companies (Discos) in Nigeria’s power sector on Wednesday alleged that the…
Oduntan added that the group is taking the Minister of Works, Power and Housing, Mr Babatinde Fashola, on his promised that government was making arrangement for the payment.