Operators in the electricity value chain – generation, transmission and distribution companies are trading blames over the current power crisis, with each blaming the other for the very poor power supply situation witnessed in the last few weeks.

GENERATION and distribution companies in the country have asked for more time and patience from Nigerians to improve electricity supply.

The World Bank has identified power, corruption and access to finance as the bane of the private sector in Nigeria.

Scores of residents of three communities on the Ibafo-Mowe axis of the Lagos/Ibadan Expressway popularly referred to as “Second Lagos’’, on Monday protested what they called 10 years of power outage.

Nigeria and other African countries will have more access to electricity, as President of the United State, U.S., Barack Obama, signed into law an initiative under the Power Africa Scheme, to bring electricity to 50 million people in sub-Saharan Africa by 2020.

LAGOS — The Socio-Economic Rights and Accountability Project, SERAP, has advised the Minister of Power, Mr Babatunde Fashola, to ensure regulatory authorities were not allowed to get away with 45 per cent increase in electricity tarrif by promoting compliance with the November 2013 ruling on the matter by two UN special rapporteurs.

AHEAD of tomorrow’s planned protest, electricity workers have kicked against the plan to picket the Distribution Companies, DISCOs, and Generation Companies, GENCOs, by leaders of Nigeria Labour Congress, NLC, Trade Union Congress of Nigeria, TUC, alongside civil society allies over the hike in electricity tariff, arguing that the action is misdirected.

Technical partners from China, Pakistan and India have arrived Akwa Ibom State to conclude arrangements for the take-off of a meter manufacturing company, Metering Solutions Manufacturing Services Limited (MSMSL), which ground breaking was performed last December in Awa – Iman, Onna Local Government Area.

February 1, the Nigerian Electricity Regulatory Commission, NERC,approved the takeoff of new electricity structure under the Multi Year Tariff Order, MYTO 2015. Prior to the takeoff, there were scepticisms about whether the new rates will come to be or not given the public outcry and resistance even from the legislators.

“NERC holds NASS in high esteem and assures that both institutions are working to ensure that national and consumer interests are protected.”