Pointing out that the negotiations took about the entire period of his tenure as Minister to achieve, the Minister added that the successful negotiation was able to free up another N39.17Billion held under another Judgement in court to be used now for the supply of electricity metres to the Discos.
The BPP argued that, in awarding the contract to the 1st plaintiff (J.K.Gadzama LLP), the 2nd defendant (BPE) violated existing laws, more so, when it was not the nature of contracts that involved national security or defence to warrant it from being exempted from the application of the PPA 2007.
Adopting a motion sponsored by Hon. Mark Terseer Gbillah, yesterday, the lawmakers leveled several allegations against the NDPHC. Gbillah accused the NDPHC of refusing to be held accountable by the National Assembly.
According to Okonkwo, three years after the distribution and generation companies took over the electricity sector, they have yet to meet the expectations of the people.
The poll has revealed that the overall monthly tracking on the state of power supply to Nigerian households over this six months period (July to December) clearly revealed a persistent decline in power supply from the month of October to December 2016.
10 January 2017, Lagos – Consumers are angry that electricity supply has remained erratic three years after the privatisation of the…
The Minister of Defence, Mansur Dan-Ali, last year, informed the House of Representatives Committee on Defence that the debts accumulated over the years due to the failure of the services to pay their electricity bills.
It specifically noted its disappointment that electricity Distribution Companies (Discos) which took over from the erstwhile Power Holding Company of Nigeria (PHCN) are performing worse than their predecessors.
“The House was also concerned that the lofty goals of privatisation was marred by the sale of the sector to preferred bidders that could not pay the bid value on the sale, instead the BPE encouraged the deferment of payment and restructuring of payment terms in contravention of bidding rules to the disadvantage of other bidders.”
23 September 2016, Abuja – The Nigerian Electricity Regulatory Commission has told power firms carved out of the defunct Power Holding…
