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Tag Archives: DISCOS

Fraud called electricity privatization

SIR: It is now obvious that whatever yards tick used in privatizing the power sector was largely faulty. This is because the outcome so far leaves much to be desired. The sector is still bedeviled with lots of problems. There is no difference between now and the PHCN era. The …

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Bedc Diverted Power From Oghara to Multinational Companies – Agbokoko

interview Chief Femi Agbokoko, is a political stalwart in Oghara, Ethiope West Local Government Area of Delta State. In this interview with journalists, he spoke on the performance of Benin Electricity of Nigeria (BEDC) and how power outages have grounded economic activities in Oghara, Sapele, Jesse and Mosogar. He also …

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Blackout Looms as Labour Vows To Shut Down DISCOS!

Nigeria may witness a nationwide blackout on Friday if the organized labour makes good its promise to shut down the Electricity Distribution Companies (DISCOS) across the country. The grouse of the labour unions borders on the tariff being charged by the DISCOS which they claim is not commensurate with the …

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Nigeria signs transaction/industry agreements with PHCN successor companies …

Abuja (WorldStage Newsonline)–  Nigeria’s power sector reforms recorded a major milestone Thursday as the Federal Government signed the  transaction and industry agreements with PHCN successor companies core  investors. This is coming barely 24 hours after President Goodluck Jonathan approved the sum of N384 billion for the settlement of the entitlements …

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