Deduct at source, pay MDAs electricity bills directly to DISCOs – KPMG to FG
By Ediri Ejoh Energy The Federal Government has been advised to consider a direct deduction of the electricity bills of Ministries, Departments and Agencies (MDAs) and paying them directly to the electricity Distribution Companies, DISCOs, to drive development in the country’s power sector. Vanguard gathered that the DISCOs are being owed N98 billion […]
Electricity: Uncertainty, as DISCOs bid to pull out
By Udeme Akpan & Gabriel Ewepu Electricity Distribution Companies, DISCOs, have petitioned the Bureau of Public Enterprises, BPE, seeking to return the privatized power assets to government over what they considered as undue interference in their operations. Investigations by Vanguard, yesterday, indicated that their action was propelled by recent developments, especially the planned forensic audit […]
FG to fund electricity agency with N152bn in 2021
In spite of the public outrage over last week’s electricity tariff hike which the government said it was meant to fund electricity infrastructure, the federal government is set to spend additional N152.416 billion in funding the Nigerian Bulk Electricity Bulk Trading Plc in 2021.
Electricity, fuel hikes: NANS begins mobilisation for showdown with FG
By Joseph Erunke AS Nigerians continue to kick against recent increment in electricity tariff and petroleum products, the National Association of Nigerian Students, NANS, hinted Sunday, that it has begun mobilisation of members for a possible showdown with the federal government. The action, according to the students’ body, was aimed at forcing the government to […]
Man goes solo, protests increase in fuel, electricity tariffs in Ibadan
By David Royal A man was on Thursday seen opposite the University of Ibadan staging a one-man protest against the increased petrol price and Electricity tariff. He was seen carrying a placard that read “I can’t take this anymore, increased petrol price and Electricity tariff” An eyewitness who saw the one-man protest wrote on Twitter […]
Group condemns electricity, fuel price hike
…Says Buhari’s government heartless, anti-masses By Chris Ochayi The Advocacy for Integrity and Economic Development, AIED, has tongue-lashed President Muhammadu Buhari’s led administration over the increase in electricity tariff and the pump price of Premium Motor Spirit, PMS, also known as petrol, describing the government as heartless and anti-people. The AIED, while condemning the upward […]
