Connect with us

society

Discos make N1tn amid grid crisis

Published

on

Discos make N1tn amid grid crisis

Discos make N1tn amid grid crisis

 

Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed.

 

 

 

The figure represents an increase of N234.4bn or 28.2 per cent from the N831bn generated by the power firms over a similar period in 2022.

 

 

Discos make N1tn amid grid crisis

 

This latest data was disclosed in the electricity report released by the National Bureau of Statistics on Monday.

 

 

 

The latest data came despite the sporadic power grid collapses recorded during the year.

 

Nigeria’s national power grid collapsed 46 times from 2017 to 2023, a report by the International Energy Agency said in a report.

According to the report, Nigerians endured more nationwide blackouts in 2023, especially on September 14 when the grid collapsed due to a fire on a major transmission line.

Despite the challenges, the distribution companies have continued to smile at the bank, allocating outrageous billing to customers.

 

An analysis of the revenue data showed that the Ikeja Electricity Distribution Company got the highest revenue of N218.6bn, up by 31.7 per cent or N52.7bn from N165.9bn recorded in 2022. It was followed closely by the Eko Distribution Company which got a revenue increase of N52.8bn or 42.3 per cent from N124.8bn in 2022.

Third on the list is the Abuja Electricity Distribution Company, with a revenue generation of N167.4bn from N125.7bn recorded in 2022.

Similarly, Ibadan Electricity Distribution Company got a revenue of N111.3bn, Enugu Electricity Distribution Company got a revenue of N82.5bn, Yola Electricity Distribution Company (N22.3bn), and Benin Electricity Distribution Company (N84.6bn), and Kaduna Electricity Distribution Company (N32.4bn).

Also, Jos Electricity Distribution Company increased its revenue to N38.9bn, Kano Electricity Distribution Company (N55.2bn) and Port-Harcourt Electricity Distribution Company (N74.7bn).

Findings also showed that the increased efficiency in revenue collection might not be unconnected to rise in the overbilling of customers especially those on estimated billing system.

Also, it was observed that Discos were able to capture more customers under estimated billings system.

A further analysis stated that the number of metered numbers increased by 9.38 per cent or 480,833 while the number of customers under estimated billings reduced slightly by 1.73 per cent to 5.8m.

 

 

“Similarly, metered customers stood at 5.61 million in Q4 2023, indicating a decrease in the growth rate of 1.32 per cent from 5.68 million recorded in the preceding quarter. On a year-on-year basis, this grew by 9.38 per cent from the figure reported in Q4 2022 which was 5.13 million,” the report read.

Recently, the Nigerian Electricity Regulatory Commission, declared that it would deduct N10,505,286,072 from the annual allowed revenues of the 11 power distribution companies during the next tariff review as part of sanctions over their non-compliance with the capping of estimated bills for unmetered customers.

It stressed that the billing of unmetered customers in their various franchise areas for 2023 revealed non-compliance with the monthly energy caps issued by the commission.

The commission explained that the Discos would pay about 10 per cent of the amount they over-billed their customers between January and September 2023.

The regulator also ordered the Discos to refund the cheated customers in full and to ensure compliance in the future, stressing that to deter future occurrence, a 10 per cent fine had been imposed on the utilities.

Since the start of this year, Nigerians have grappled with intermittent power supply, which has adversely impacted businesses and households, prompting numerous individuals and firms to seek alternative sources of energy.

The poor power supply situation was worsened by the fuel subsidy removal of June 2023, with the jump  of the average pump price of petrol from N238.11 per litre to over N600 per litre.

 

 

This demand for power has been exacerbated by a succession of heat waves, amplifying the environmental and health-related challenges.

Last week, authorities in public and private hospitals lamented the poor power supply situation amid the high cost of diesel in the country, noting that the poor power supply was affecting healthcare delivery.

On February 2, the Minister of Power, Adebayo Adelabu in a post on X formerly Twitter attributed the main cause of poor power supply in the country to the low supply of gas to generating companies.

He said the poor supply had impacted the quantum of bulk power available on the transmission grid for onward transmission to the distribution load centres nationwide.

“I had crucial discussions with power Generating companies and Distribution companies to address the ongoing issue of blackouts in parts of our country. After investigations, it’s clear that the main cause of poor power supply is the low supply of gas to GenCos,” Mr Adelabu said.

To stem the tide, the Federal Government had threatened to revoke the licences of power Distribution Companies over persistent poor power supply across the country, but the situation has not changed much.

The situation is partially attributed to the over $1bn indebtedness to gas producers who provide the gas required for running thermal gas-fired power plants amid the collapse of the national grid.

Consumers kick

Commenting on the report released by the NBS on Monday, the National Secretary, Nigeria Electricity Consumer Advocacy Network, Uket Obonga, said the Discos made money in 2023 as result of policies initiated by the Nigerian Electricity Regulatory Commission.

These policies, according to Obonga, benefitted the Discos more, but did not increase power supply to consumers, adding that the Discos also failed to improve their networks in order to serve their customers better.

“They are making money and smiling but they have not expanded their network to meet the demands of customers. What is giving them money is the Service Based Tariff that was initiated by NERC, which is questionable; another is the Performance Improvement Plan, which again is questionable.

“On SBT, you are aware that since this year, no consumer can comfortably say he or she has received up to eight hours of supply in a day. Many consumers suffered the same thing last year.’’

“Now, you have over 60 per cent of unmetered customers and the Discos will bring bills to these customers whether these Discos supplied power or not to the power users. And they will still harass customers with threats of disconnection if the customers fail to pay.

“And the regulator of the sector has not done anything concrete to address this. So tell me, why won’t the Discos make money? They are making money by distributing darkness,” the NECAN secretary stated.

 

 

Obonga called for sanctions against Discos that fail to meter their customers, stressing that had it been most consumers were metered, it would be difficult for the power distributors to defraud their customers with estimated bills.

Discos sanctioned

“The NERC recently revealed how the Discos overbilled their customers over a certain period of time and declared that the power firms would make refunds. That declaration should be enforced,” he stated.

 

@Punchng

society

Jonathan, Kekere-Ekun, Others to honour  Ex-CJN Ariwoola with Book Launch

Published

on

Nigerians Are More Loyal To Their Ethnic Groups Than Nigeria – Goodluck Jonathan

Jonathan, Kekere-Ekun, Others to honour  Ex-CJN Ariwoola with Book Launch

Former President Goodluck Jonathan, Chief Justice of Nigeria Justice Kudirat Kekere-Ekun, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), and several other stakeholders in the legal profession are expected to grace the launch of a book chronicling the judicial career of former Chief Justice of Nigeria Olukayode Ariwoola.

The book, titled “Honourable Justice Olukayode Ariwoola, CJN, GCON: Through the Cases,” is co-authored by senior lawyers, Dr Charles Mekwunye (SAN) and Ayo Olanrewaju, the Deputy Editor-in-Chief and Chairman of the Editorial Board of the Nigerian Weekly Law Reports (NWLR).

Dr Mekwunye, who spoke in Lagos ahead of the book launch scheduled for May 8 in Abuja, shared that the book provides a comprehensive exploration of Justice Ariwoola’s years of service in Nigeria’s appellate courts, highlighting his significant contributions to the development of the nation’s jurisprudence.

According to Mekwunye, the book critically examines Justice Ariwoola’s judgments, shedding light on his judicial philosophy and impact, this shedding lights on who Justice Ariwoola is through his judicial activities.

He emphasized that Justice Ariwoola, known for his adherence to legal precedent, never delivered a dissenting judgment throughout his career yet advanced legal principles through his consensus opinions.

Explaining this, the Senior Advocate said; “What we found so unique and interesting about him is that he never delivered a dissenting judgement. When we inquired to know why this happened, it was discovered that he had actually taken a minority position many times but other majority voices in judgements at the end of the day deferred to him and his minority position finally adopted as the majority judgement.”

Mekwunye described Justice Ariwoola as a courageous judge who always pursued the path of justice during his time at the Supreme Court.

He compared Ariwoola to legendary jurists such as Lord Denning and Lord Viscount Simmonds, noting that while he is not a reformist like Lord Denning, he also does not possess the ultra-conservative views of Lord Viscount Simmonds but he noted that Justice Ariwoola can best be described as a conservative judge.

Furthermore, Mekwunye highlighted that the book reveals Justice Ariwoola’s character and ethos, making it a valuable reference for judges and aspiring judges, as it discusses many landmark cases he decided.

“His lordship, Justice Ariwoola is a fearless, strong-willed, and incorruptible jurist—a consummate legal expert who has diligently and meticulously provided invaluable service to Nigeria through his judicial pronouncements and administrative competence.

“His vast experience in the study and practice of law, spanning over four decades, has made him a reservoir of knowledge,” Mekwunye stated.

According to him, the book launch which will hold in Abuja on Thursday, May 8 will have in attendance who is who in the legal profession in Nigeria, top judicial officer including the Chief Justice of Nigeria, Attorney-General and Minister of Justice, Chairman of Nigerian Bar Association (NBA) and a host of others.

Continue Reading

society

SETTING THE RECORD STRAIGHT: CLARIFICATION ON THE RECENT NANS CONVENTION AND THE LEADERSHIP IT PRODUCED LED BY OLOSHOLA OLADOJA AS PRESIDENT OF NANS, NOT ATIKU ABUBAKAR ISAH

Published

on

SETTING THE RECORD STRAIGHT: CLARIFICATION ON THE RECENT NANS CONVENTION AND THE LEADERSHIP IT PRODUCED LED BY OLOSHOLA OLADOJA AS PRESIDENT OF NANS, NOT ATIKU ABUBAKAR ISAH

To Whom It May Concern,

We, the National Association of Nigerian Students (NANS), write to address a recent incident that has caused confusion and misrepresentation of our organization. It has come to our notice that Mr. Atiku Abubakar Isah, in an attempt to justify collected funds, has been impersonating himself as the President of NANS. This claim is entirely false and baseless.

THE TRUTH ABOUT NANS LEADERSHIP

Comrade Olushola Oladoja is the legitimate President of NANS, elected through a democratic process at our recent convention. Atiku Abubakar Isah neither contested nor participated in the convention. According to our constitution, one must have held an elected office in NANS to be eligible for the presidency, which Atiku Abubakar Isah does not meet. We find it astonishing that he would claim to be the President of NANS when he has no affiliation with our organization.

REJECTION OF POLITICIZATION

NANS is a non-partisan organization focused on advocating for the rights and welfare of Nigerian students. We reject any attempts to politicize our organization or use our name for personal gain or political purposes. Our primary goal is to ensure a conducive academic environment for learning and personal growth, and we will not be swayed by political agendas.

CONDEMNATION OF ATIKU’S ACTIONS

Atiku Abubakar Isah’s actions are a clear case of impersonation and extortion. We demand that he returns the funds collected under false pretenses and ceases to misrepresent NANS. We urge him to stop using our organization’s name to deceive and exploit innocent people. As the PRO of the just-concluded Convention, I have photos of all the aspirants who participated in the screening exercises and election, and Atiku Abubakar Isah was nowhere to be found.

DEFENSE OF SEYI TINUBU

We also want to clarify that Seyi Tinubu, son of President Bola Tinubu, has no special interest in NANS affairs. His support for Nigerian students is genuine and philanthropic, evident in his empowerment initiatives and response to crises like the North Eastern flood disaster. We commend him for his efforts to make a positive impact on the lives of Nigerian youths and students.

CALL TO ACTION

We urge all individuals and groups to respect NANS’ autonomy and refrain from using our name for malicious purposes. We will take necessary actions to protect our organization’s integrity and ensure that those who attempt to undermine us are held accountable. We call on all Nigerian youths to join us in rejecting attempts to politicize our organization and to support our efforts to promote a conducive academic environment.

COMMITMENT TO STUDENT WELFARE

NANS remains dedicated to serving the interests of students across Nigeria, without bias or favoritism. We will continue to advocate for policies and initiatives that benefit our members and promote their welfare. We are committed to making a positive difference in the lives of Nigerian students, and we will not be deterred by attempts to undermine our efforts.

In conclusion, we reiterate that Comrade Olushola Oladoja is the legitimate President of NANS, and Atiku Abubakar Isah’s claims are baseless and false. We urge everyone to support our efforts to promote a conducive academic environment and reject attempts to politicize our organization.

Sincerely Yours in nation building,

SETTING THE RECORD STRAIGHT: CLARIFICATION ON THE RECENT NANS CONVENTION AND THE LEADERSHIP IT PRODUCED LED BY OLOSHOLA OLADOJA AS PRESIDENT OF NANS, NOT ATIKU ABUBAKAR ISAH

SETTING THE RECORD STRAIGHT: CLARIFICATION ON THE RECENT NANS CONVENTION AND THE LEADERSHIP IT PRODUCED LED BY OLOSHOLA OLADOJA AS PRESIDENT OF NANS, NOT ATIKU ABUBAKAR ISAH

SETTING THE RECORD STRAIGHT: CLARIFICATION ON THE RECENT NANS CONVENTION AND THE LEADERSHIP IT PRODUCED LED BY OLOSHOLA OLADOJA AS PRESIDENT OF NANS, NOT ATIKU ABUBAKAR ISAH

Ekundina Segun Elvis
Immediate Past Public Relations Officer, Convention Planning Committee 2025 Convention
08061117631

Continue Reading

society

Tension in Yaba LCDA Over Alleged Candidate Imposition by Presidency Aide

Published

on

Tension in Yaba LCDA Over Alleged Candidate Imposition by Presidency Aide

Tension in Yaba LCDA Over Alleged Candidate Imposition by Presidency Aide

 

 

– Stakeholders Protest Alleged Chairmanship Imposition in Yaba LCDA

 

 

– Yaba LCDA Crisis: Group Petitions First Lady Over Imposed Candidate

 

– Alleged Political Imposition in Yaba: Community Leaders Cry Out

 

 

– Concerned Stakeholders Raise Alarm Over Alleged Chairmanship Imposition in Yaba LCDA

 

 

A coalition of concerned landlords, electorates, and political stakeholders in Yaba Local Council Development Area (LCDA) has expressed strong opposition to the rumored nomination of Mr. Joseph Babatunde Ojo as Chairman in the upcoming 2025 Lagos State Local Government Elections.

 

Tension in Yaba LCDA Over Alleged Candidate Imposition by Presidency Aide

 

The group led by Amoo Ismail has officially petitioned the First Lady of the Federal Republic of Nigeria, Her Excellency Sen. Oluremi Tinubu (OON), urging her and the President to intervene and prevent what they describe as a repeat of past political imposition that hindered development in the area.

 

In a formal communication to the First Lady, the group raised concerns about Mr. Ojo’s advanced age, poor health, and long absence from political engagement, questioning his suitability for such a demanding executive position. They further allege that Mr. Ojo is being sponsored by Mr. Friday Soton, a presidential aide, despite residing in Surulere and having no visible ties to Yaba LCDA, is accused of manipulating the political process for personal gain.

 

The stakeholders recall that a similar imposition occurred eight years ago, when the outgoing Chairman, Mr. Omiyale, was allegedly installed through Mr. Soton’s influence leading to stagnation and underdevelopment throughout his tenure. This, they claim, contributed significantly to the ruling party’s poor performance in the 2023 Presidential election within the Yaba area.

 

“This is not just a political issue; it is a matter of justice, equity, and the future of our local government,” the group stated. “We have over thirteen credible, capable, and active aspirants ready to lead Yaba LCDA into a new era of progress. The community deserves a transparent and inclusive selection process, not another imposition.”

 

The concerned citizens are calling for a halt to what they describe as the hijacking of the local democratic process and are urging President Bola Ahmed Tinubu and the First Lady to take immediate and decisive action.

 

“We implore the First Lady and Mr. President to hear the voices of grassroots leaders and the electorate who are directly affected by these decisions. Yaba LCDA deserves better leadership, free from the manipulation of external power brokers.”

 

In the same vein Sen Adefuye also alledged  that he want to impose his son on Yaba LCDA boasting openly that there is nothing anyone can do about it.

 

 

In conclusion, the group has vowed to continue engaging all appropriate democratic channels to ensure accountability, fairness, and true representation in the forthcoming elections.

Continue Reading

Cover Of The Week

Trending