Let The DISCOs Die For Nigerians To Have Light

By Michael Owhoko, Ph.D LAGOS FEBRUARY 12TH (NEWSRANGERS)-The unending darkness permeating Nigeria today,unarguably, was the mistake of 2013 when majority stakes in the electricity distribution companies (DISCOs) were sold to private investors as part of larger efforts to improve electricity supply, which was hitherto,disrupted by constant power failure across the country. Unfortunately, after 12 years…

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Nigerians To Pay More On Electricity As FG Targets 65% Increase To Reflect Production Cost

LAGOS FEBRUARY 2ND (NEWSRANGERS)-The federal government has said that for electricity tariffs to reflect the actual cost of production, some Nigerians might need to pay over 65 per cent of what they are currently paying for a kilowatt/hour of electricity. Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, told Bloomberg that Nigeria’s power…

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Nigerians Face National Blackout As Gas Producers Cut Supply To Gencos Over N2.7tn Debt

 LAGOS DECEMBER 13TH (NEWSRANGERS)-Wholesale gas-producing companies have abruptly stopped the supply of natural gas to power generation companies for electricity production over the non-payment of debts accrued from previous supplies, fresh findings by The PUNCH have shown. The Chief Executive Officer of the Association of Power Generation Companies, Dr Joy Ogaji, disclosed the latest development…

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