The Competition Transition Charge (CTC) is a new rule to make prospective Eligible Customers (EC) and other consumer class, compensate the 11 electricity Distribution Companies (DisCos) for leaving their networks to buy power directly from Generation Companies (GenCos). Newsmen analysed this rule as contained in Section 28 of the Electric Power Sector Reform Act (EPSRA) 2005 and enforceable by the ...
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Nigeria’s power generation increases to 8,000MW under Buhari’s govt – Osinbajo
Vice President Yemi Osinbajo has disclosed that President Muhammadu Buhari-led Federal Government has succeeded in increasing power generation from 4,000 megawatts to 8,100MW over the past three years. Mr. Osinbajo stated this on Monday while delivering a lecture during the University of Lagos, UNILAG, 50th Convocation Lecture. The vice-president said: “On power, we have moved generation from 4000MW to 8100 ...
Read More »Discos inform consumers metering is no longer their responsibility
Power distributors have declared that they are no longer responsible for the provision of meters to electricity consumers across the country. It was also gathered from the Discos that the monetary shortfall in Nigeria’s power had risen to over N1.4tn despite the marginal improvement in revenue collection by the electricity distributors on behalf of the industry. Data obtained in Abuja ...
Read More »Group warns Discos against illegal disconnection of electricity
Mr. Adeola Samuel-Ilori, the National Coordinator of the forum, said the group has agreed to organise road shows across Lagos and Ogun axis on April 6 against the illegality being perpetrated by the Discos. Samuel-Ilori said the rally was to sensitises the electricity consumers on their rights as it relates to connection and disconnection of power supply by the service ...
Read More »The Dangers of Building Under High Tension Wires
The dangers of building under high tension wires might appear obvious to some, however, it is shocking that many settlements still reside solely under the premises of this overhead high tension Installments. Why is building under high tension wire a calamity waiting to happen? High tension wires carry electricity and breathtaking speed and are very dangerous as even the low ...
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