• News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

FG Threatens To Revoke Electricity Distribution Companies Licence Over Persistent Power Shortages

Blessing Joseph by Blessing Joseph
March 8, 2024
in Energy, News
0
FG Threatens To Revoke Electricity Distribution Companies Licence Over Persistent Power Shortages
Share

 

Minister of Power, Adebayo Adelabu, has issued a stern warning to electricity distribution companies (DisCos), stating that their licences could be revoked due to ongoing power shortages nationwide.

Despite generation companies (GenCos) increasing power output to 4,000MW, certain DisCos are failing to adequately distribute the power supplied by the Transmission Company of Nigeria (TCN), prompting concerns from the Ministry of Power.

Adelabu emphasized that willful non-performance will not be tolerated, and DisCos must be held accountable for their actions, with severe consequences, including licence revocation, on the table.

The minister instructed TCN to prioritize repair works on damaged transmission towers and power lines to improve supply in affected regions, while steps are taken to clear debts owed to power generation and gas supply companies.

Adelabu has summoned chief executives of Abuja Electricity Distribution Company (AEDC) and Ibadan Electricity Distribution Company (IEDC), alongside the managing director of TCN, to explain the ongoing challenges in power distribution.

Despite efforts to enhance generation performance, vandalism of power infrastructure and distribution inefficiencies persist, particularly in regions like Abuja, Benin, Port Harcourt, and Ibadan.

Plans are underway to settle outstanding debts owed to power generation and gas supply companies, aiming to alleviate financial strain and contribute to improved generation levels nationwide.

Adelabu urged electricity consumers to remain patient as the Ministry works tirelessly to address these issues and provide better service to all Nigerians.

Post Views: 13
Share

Related Posts:

  • Call For Applications: Africa Agri-Food Development Program (AADP) Grant For SMEs (Up to €100,000 Grant Funding)
    Call For Applications: Africa Agri-Food Development…
  • images – 2025-06-19T102421.905
    NERC Orders Power Generators to Fully Integrate into…
  • images (31)
    Nigerian Govt Revoke 4,709 Mining Licences to…
  • NMDPRA Debunks Gas Supply Suspension to GENCOs Over Debts
    NMDPRA Debunks Gas Supply Suspension to GENCOs Over Debts
  • NDPHC Decries N600bn Electricity Debt, Stranded 2,000MW
    NDPHC Decries N600bn Electricity Debt, Stranded 2,000MW
  • NERC Orders Downgrade of 18 Band A Electricity Feeders
    NERC Orders Downgrade of 18 Band A Electricity Feeders
Tags: Electricity Distribution CompaniesPersistent Power Shortages
Previous Post

Unity Bank Increases Prize Money for Corpreneurship Challenge Winners to N16 Million

Next Post

Nigeria to Officially Export Locally Produced Commodities to African Nations Under AfCFTA From April

Next Post
Nigeria to Officially Export Locally Produced Commodities to African Nations Under AfCFTA From April

Nigeria to Officially Export Locally Produced Commodities to African Nations Under AfCFTA From April

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • OpenAI Launches Instant Checkout in ChatGPT, Opening New E-Commerce Opportunities for Small Businesses
  • MTN Backs Nigeria’s Push to Build African Language Datasets for Homegrown AI Solutions
  • FG Trains 300 Youth in Tractor Operation to Drive Mechanized Farming and Boost Food Security
  • FCMB Expands Interest-Free Loan Support for Women Entrepreneurs to N1 Billion
  • Nigerian Govt to Empower 150,000 Youths with Vocational Skills Training

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2025
  • Otabor Osayomore Blessing on Ultimate 2025 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.