Connect with us
Advertisment

society

Discos make N1tn amid grid crisis

Published

on

Discos make N1tn amid grid crisis

Discos make N1tn amid grid crisis

 

Advertisment

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.

 

Advertisment

 

 

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.

Advertisement

 

 

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

Advertisment

society

Eko Cares: Group Commends Sanwo-Olu’s Compassionate Leadership On Social Interventions

Published

on

Eko Cares: Group Commends Sanwo-Olu’s Compassionate Leadership On Social Interventions

 

Advertisment

 

Governor Babajide Sanwo-Olu of Lagos State has garnered praise from The Mandate Movement for his decisive actions in the face of economic challenges with the launch of the ‘Eko Cares’ initiative. The initiative, aimed at alleviating the hardships faced by residents, particularly the economically vulnerable, has been lauded as a significant step towards improving livelihoods in the state.

Advertisment

 

 

 

Advertisement

The Chairman of The Mandate Movement, Abdullahi Ayinde Enilolobo, conveyed his gratitude to Governor Sanwo-Olu through a member of the group’s Central Working Committee (CWC), Prince Adewale Arogundade, for spearheading various interventions aimed at mitigating the adverse effects of inflationary trends. A total of 300,000 households are expected to benefit from the inaugural program.

According to Enilolobo, “This holistic approach shows Governor Sanwo-Olu’s commitment to addressing the multifaceted challenges facing Lagosians and ensuring that no one is left behind in the pursuit of progress. Additionally, measures such as free ante-natal care, reduced transportation fares, and support for small businesses underscore the government’s dedication to improving the quality of life for all residents.

“We at The Mandate Movement commend Governor Sanwo-Olu for this initiative put together for the residents of Lagos, which also collorates with the wonders of the Asiwaju Bola Ahmed Tinubu-led administration. This clearly shows that the All Progressive Congress (APC) remains a beacon of hope for Lagosians, and Nigerians at large.”

Residents across Lagos have begun to laud the ‘Eko Cares’ initiative, stating that the government has shown determination to prioritize the well-being of its citizens, embodying the principles of empathy, inclusivity, and resilience in the face of adversity.

 

Eko Cares: Group Commends Sanwo-Olu's Compassionate Leadership On Social Interventions

Advertisment
Continue Reading

society

An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro’s Leadership Legacy

Published

on

An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro's Leadership Legacy

An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro’s Leadership Legacy

 

Advertisment

 

In the intricate mosaic of Nigeria’s societal fabric, Otunba Adejare Adegbenro stands as a beacon of commitment, resilience, and service.

Advertisment

Born on March 6th, 1973, in Lagos, he draws from a lineage steeped in political legacy, being the grandson of the late Premier of Western Region, Alhaji Daudu Sooroye Adegbenro. Raised in a family that values service to the community, Otunba Adegbenro has carved his path as a distinguished figure in Nigerian society.

The culmination of his familial heritage and dedication to community service was marked by his installation as the first Otunba Laje of Owu Kingdom in Ogun State, Southwest Nigeria.

This historic event, which took place on January 20th, 2018, under the auspices of His Royal Majesty Oba Olusanya Dosunmu II, traditional ruler of Owu kingdom, reinforced Otunba Adegbenro’s deep-rooted ties to his cultural heritage and commitment to uplifting his people.

Advertisement

Beyond his traditional titles, his influence extends globally, with his appointment as High Commissioner by the International Human Rights Commission (IHRC), where he spearheads foreign special missions aimed at preventing illegal migration and human trafficking. This appointment is a testament of his reputation as a renowned security expert and industrialist, whose expertise transcends national borders.

In his role as the acting Director-General of the National Commission against the Proliferation of Arms, Light Weapons, and Pipeline Vandalism (NATCOM), Otunba Adegbenro has demonstrated a steadfast commitment to combating threats to national security. His vast experience in security consultancy and supply of security gadgets has positioned him as a pivotal figure in Nigeria’s security landscape.

However, Otunba Laje of Owu Kingdom’s contributions extend beyond the realm of security.

Through his foundation, the Otunba Adejare Adegbenro Foundation (OAAF), he channels his resources towards uplifting the less privileged in society. With initiatives ranging from the provision of boreholes to communities lacking access to clean water, to scholarships for deserving students, he exemplifies the spirit of philanthropy and communal solidarity.

Reflecting on his journey, Otunba Adegbenro once acknowledged the challenges he has faced, from navigating the complexities of entrepreneurship to confronting societal stereotypes.

Yet, through it all, he remains resolute in his commitment to service and upliftment. His philosophy, rooted in faith and compassion, drives him to make a tangible difference in the lives of others, regardless of obstacles encountered along the way.

Otunba Adejare Adegbenro stands as a testament to the power of leadership, resilience, and unwavering dedication to the common good. In him, Nigerians find not only a visionary leader but a compassionate steward of progress, whose impact reverberates far beyond the shores of his homeland.

 

An Icon of Service: NATCOM boss, Otunba Adejare Adegbenro's Leadership Legacy

Advertisment
Continue Reading

society

Bullying: Victim may sue As Abuja School Shut

Published

on

Bullying: Victim may sue As Abuja School Shut

Bullying: Victim may sue As Abuja School Shut

 

Advertisment

Lead British International School Abuja, which has been in the eye of the storm over viral videos of bullying involving some of its students, has been shut for three days.

The shutdown order was issued on Tuesday by the Minister of Women Affairs, Uju Kennedy-Ohaneye.

Advertisment

The Public Relations Officer of the FCT Education Secretariat, Kabiru Musa,  confirmed that the school had been shut down by the minister.

“Yes, it was shut down by the honourable Minister of Women  Affairs for 3 days,” Musa in response to a Whatsapp message by one of our correspondents.

 

Advertisement

staff member of the school, whose name could not be ascertained as of press time, had earlier announced the shutdown of the school by the minister.

The PUNCH reports that an X user, @moooyeeeee, had on Monday night posted two videos of a female student of the school being repeatedly slapped by another female classmate.

The user called for justice for the victim. Since they were posted, the videos have drawn the wrath of many users of the microblogging platform, who condemned the incident and called for the school authorities to investigate and punish the culprits.

 

A third video depicting a separate case of bullying at the Lead British International School, Abuja emerged on Tuesday.

In the new video posted on Tuesday, some male students in the school’s uniform are seen surrounding another boy who appears to be in casual attire.

A student slapped the boy, who was on his knees, and then some of the other boys who were gathered appealed to stop the ‘bully’ from further harming the boy, who was later whisked away in the nine-second video.

An X user, @PopoolaJoke4, who posted the video wrote, “No be the same school?”, in response to the first viral video of bullying in the same school that was released earlier.

In one of the videos of the minister’s visit, the  representative of the school was heard saying, “By the request of the Minister of Women Affairs, we are Nigerians who respect rules and regulations and we are under the law because our school is actually recognised and our school is under the Federal Capital Territory, and we are registered and based on that, Lead British International School, Abuja is hereby shut  for three days.”

As of the time of filing this report, our correspondent could not ascertain whether the FCTA would use the occasion to investigate other private schools in which alleged cases of bullying take place in the FCT.

Victim threatens lawsuit

 

Namtira Bwala, the student assaulted by her fellow students at Lead British International School, has written the school management, demanding a thorough investigation and heavy sanctions for the 11 students who bullied her.

Two of the bullies were identified tobe Maryam Hassan and a certain Faliya.

Bwala, in a letter addressed to the management of her school through her lawyers at the Deji Adeyanju and Partners Law Firm, gave the school an ultimatum of 48 hours after which she will seek legal redress.

 

A copy of the letter obtained by The PUNCH read, “Our client and several other parents in Lead British International School have informed us and we verily believe them that this act of bullying is a reoccurring issue in the school, and despite several attempts to draw the school’s attention to it, the issue has persisted, leaving our client traumatised from the emotional and physical effect of the oppressive acts by these daredevil bullies.

“Our client completely dissociates herself from the statement issued by the school on April 22, 2024, wherein a case of battery was unconscionably referred to as an ‘incident between minors’.

“Sequel to the foregoing, we have our client’s instruction to demand an immediate investigation and the pronouncement of the stiffest possible sanctions in the student’s rule book on Ms. Maryam Hassan, Miss Faliya and nine other students who have formed a cult of bullies in Lead British International School, Gwarimpa, Abuja.

“Please note that if the school fails to sanction the student bullies within 48 hours of the receipt of this letter, we have our client’s further instruction to seek an immediate and severe legal redress against Lead British International School, Gwarimpa, without further recourse to you.”

 

Advertisment
Continue Reading

Cover Of The Week

Trending