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Discos make N1tn amid grid crisis

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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

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AANI ADVOCATES FOR PEACEFUL DIALOGUE AND CALM AMIDST AUGUST 1 PROTEST

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AANI ADVOCATES FOR PEACEFUL DIALOGUE AND CALM AMIDST AUGUST 1 PROTEST

AANI ADVOCATES FOR PEACEFUL DIALOGUE AND CALM AMIDST AUGUST 1 PROTEST

 

 

 

 

 

 

 

Sahara Weekly Reports That The Alumni Association of the National Institute (AANI), a non-partisan, impartial, and non-profit voluntary association, consisting of highly patriotic Nigerians, elder statesmen and women, including former Heads of State and revered traditional rulers; expresses profound concern over the impending August 1st 2024 protest. We find it crucial to join other well meaning Nigerians in appealing to all stakeholders to seek a peaceful dialogue as an alternative solution.

 

 

 

 

AANI ADVOCATES FOR PEACEFUL DIALOGUE AND CALM AMIDST AUGUST 1 PROTEST

 

 

 

 

In this context, we acknowledge the planned 10-day protest by some Nigerians, primarily youths, who seek a better, more prosperous, and secure Nigeria. While protests are a vital aspect of democratic expression, we recognize the legitimate concerns that such actions may be hijacked or that leaders might lose control, especially if some protesters have ulterior motives, as seen in other African countries and parts of the world.

 

Considering these concerns, AANI calls for dialogue and calm ahead of the planned protests. We believe that peaceful and constructive engagement between the government and the protest organizers, is essential to addressing the issues raised and ensuring the safety and security of all Nigerians. Therefore, we urge the government at all levels to initiate an open and transparent dialogue with the protest organizers to understand their demands and work towards practical solutions. This engagement should be inclusive, involving all stakeholders to ensure that the voices of the youth and other concerned citizens are heard and addressed.

 

We commend President Bola Ahmed Tinubu, GCFR, for his proactive approach to initiating dialogue with the youth, urging them to cancel their planned protest and patiently await the government’s response. According to the Minister of Information and National Orientation, Mohammed Idris, the President is attentive to the voices of young Nigerians and is diligently working to address their grievances. This demonstration of empathy and responsiveness is a commendable step towards fostering trust and understanding between the government and its citizens.

 

However, we urge the government to take additional proactive measures to ensure that the protest remains peaceful and that security forces are deployed to protect the rights of the protesters while preventing any attempts by hoodlums to hijack the movement for nefarious purposes. While immediate actions are necessary, long-term strategies and policies must be implemented to address the root causes of these challenges and to foster a more equitable and prosperous Nigeria.

 

We also appeal to all Nigerians, especially the youth, to remain calm and peaceful in their conduct. Exercising restraint and engaging in constructive dialogue is essential to achieving the desired outcomes without causing further harm to our economy and social fabric. AANI reaffirms its commitment to the unity, peace, and progress of Nigeria. We stand ready to support any initiatives that promote dialogue, understanding, and constructive engagement in addressing the pressing issues facing our nation. Let us all work together to build a better Nigeria for ourselves and future generations.

 

AMBASSADOR EMMANUEL OBI OKAFOR, mni

AANI National President

Abuja

Thursday July 25, 2024

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How Adron Homes Transform Shimawa into Ogun State Premier Real Estate Hub

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How Adron Homes Transform Shimawa into Ogun State Premier Real Estate Hub

 

 

 

 

 

 

 

Sahara Weekly Reports That Shimawa, a once tranquil and little-known town in Ogun State, has emerged as the premier real estate location in the region, thanks to the transformative efforts of Adron Homes. This metamorphosis has redefined the town’s identity, making it a beacon of modern living and investment opportunities.

 

 

 

 

 

How Adron Homes Transform Shimawa into Ogun State Premier Real Estate Hub

 

 

 

 

Adron Homes’ strategic initiatives have played a central role in Shimawa’s transformation. By developing numerous estates with state-of-the-art amenities, Adron has set new standards for residential living. These estates are equipped with modern infrastructure, including well-paved roads, reliable water supply, and efficient drainage systems, enhancing the quality of life for residents. The real estate has sold out four estates in shimawa over 10 years and is currently selling five different estates in shimawa.

 

 

 

 

 

 

 

 

List of Adron Homes Estates In Shimawa

 

Treasure Park and Gardens Estate Phase 2 (City of David)

 

Treasure Park and Gardens Estate Phase 3 (Capetown)

 

Treasure Park and Gardens Estate Phase 3 Extention (Jerusalem City)

 

Treasure Park and Gardens Estate Phase 4 (Jerusalem Extention)

 

Treasure Park and Gardens Estate Phase 5 (City of God)

 

 

 

 

 

Adron Homes has introduced a range of affordable housing solutions that cater to different income levels. This inclusivity has attracted a diverse population, fostering a vibrant community. The availability of affordable, yet high-quality housing options has made Shimawa an attractive destination for both first-time homebuyers and seasoned investors.

 

 

 

 

 

 

 

The influx of new residents and businesses has spurred economic growth in Shimawa. Adron Homes’ developments have created numerous job opportunities in construction, real estate management, and ancillary services. This economic activity has not only improved the standard of living for many but has also positioned Shimawa as a hub for business and commerce in Ogun State.

 

 

 

 

 

 

 

 

 

Adron Homes’ commitment to sustainability is evident in its eco-friendly initiatives. Green spaces, parks, and recreational areas have been incorporated into the estates, promoting a healthy and sustainable lifestyle. These efforts have not only beautified the town but have also contributed to the well-being of its residents.

 

 

Shimawa’s transformation has caught the attention of investors, both local and international. The town’s strategic location, coupled with Adron Homes’ high-quality developments, has made it a prime investment destination. This influx of investment is set to further accelerate Shimawa’s growth and development.

 

 

Adron Homes places a strong emphasis on community building. Regular events, social gatherings, and initiatives to foster a sense of community have been integral to the company’s approach. This focus on community has created a welcoming and cohesive environment, making Shimawa not just a place to live, but a place to thrive.

 

 

The transformation of Shimawa into Ogun State’s best real estate location is a testament to Adron Homes’ vision and dedication. By providing affordable housing, fostering economic growth, promoting sustainability, and building a strong community, Adron Homes has set Shimawa on a path to continued success and prosperity. As a model of modern urban development, Shimawa stands as a shining example of what strategic planning and investment can achieve.

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Corruption: The Paradox of George Orwell’s Animal Farm in Nigeria

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Confusion as EFCC names ex-Kogi Gov in amended corruption allegations perpetrated before he became Governor

 

All animals are equal, but some animals are more equal than others”

 

 

A proclamation by the pigs that control the government in the novel Animal Farm, by George Orwell has reared its ugly head. The sentence is a comment on the hypocrisy of governments that proclaim the absolute equality of their citizens, but give power and privileges to a small elite. This nauseating development has come to fruition in one of the most discussed issues in our dear nation Nigeria where the Kano State High Court has ruled that the trial of the Chairman of the All Progressive Congress (APC), Abdullahi Ganduje, and others accused of bribery and misappropriation will continue even in their absence.

The Kano State Government, on Thursday, arraigned immediate-past governor Abdullahi Ganduje, his wife, Hafsat, son, Umar and six others for alleged $413,000 and N1.38bn bribery. The defendants, who were absent from court, were arraigned in absentia.

The Governor Abba Yusuf-led government had since April filed the charges against Ganduje and others, but efforts to serve them the charges had proved abortive. At the previous hearing on June 5, the prosecution obtained an order to serve the charges on them by substituted means, through newspaper publication.

The Kano State Government assembled 15 witnesses to testify against the defendants, immediate-past governor, Abdullahi Ganduje, his wife Hafsat Umar; Abubakar Bawuro; Umar Abdullahi Umar; Jibrilla Muhammad, Lamash Properties Limited, Safari Textiles Limited, and Lasage General Enterprises Limited to face eight counts of alleged bribery, diversion, and misappropriation of funds amounting to billions of naira. During the last hearing on April 29, 2024, the court was set to rule on a motion for substituted service, but the defendants had not yet been served.

The charges span a series of alleged corrupt activities. Ganduje was accused of receiving $200,000 from a contractor in exchange for government contracts between January 2016 and February 2017. The second charge claims he collected an additional $213,000 as a kickback from the Kantin Kwari textile market-remodelling project.

Ruling days back, Justice Amina Adamu-Aliyu dismissed the state government’s application for a bench warrant against the defendants.

“The trial of the defendants continues even in their absence,” she stated.

It is imperative to provide jurisprudential insights herein, as the court had previously, on June 5, granted an order to serve Ganduje and the other defendants through substituted service.

The prosecution counsel, Adeola Adedipe (SAN) informed the court that the defendants had been served, and an affidavit of service was filed on June 6.

He noted, “My lord, the 1st, 2nd, 3rd, 4th, 5th, 7th, and 8th respondents are not in court nor represented, only the 6th respondent”.

Adedipe requested the court to enter a plea of not guilty on behalf of the absent defendants, citing section 278(1)(2) of the Kano State Administration of Criminal Justice Law (ACJL) 2019.

“The court should enter a plea of not guilty on behalf of the defendants who refused to answer the complaint in the charge,” Adedipe argued.

He also urged the court to issue a bench warrant of arrest pursuant to Section 388 of the Kano State ACJL, stressing, “The essence of an arrest warrant is for the sanctity and urgency of the court because an order has been made for the defendants to appear before it and they refused”.

However, counsel for the 6th respondent, Nureini Jimoh (SAN) contended that service had not been properly affected on his client.

“We filed a notice of preliminary objection on the competency of the entire charge. The court does not have constitutional power on any of the count charges,” Jimoh stated.

He also mentioned that an application for a stay of execution had been filed before the Court of Appeal, “restraining the prosecution from publishing any charges against the 6th respondent”.

Jimoh urged the court to dismiss the prosecution’s application for a warrant of arrest and to refrain from entering a plea of not guilty on behalf of the 6th respondent.

Justice Adamu-Aliyu has adjourned the case until October 23 and 24 for the hearing of the preliminary objection and the main charge.

This development portends grave danger in the scheme of affairs with questions begging for an answer that is the ruling party helmsman immune to scrutiny and forensic investigations by the anti-corruption body, EFCC? In hindsight, Governor Abba Kabir Yusuf pontificated in public domain that his predecessor, Ganduje has a case to answer as his government will stop at nothing to bring him and his co-travellers to book over his eight-year’s tenure characterized by corruption.

It’s beyond beggar’s belief that such an infringement has been swept under the carpet, as a similar case that involves the immediate-past Kogi State governor; Yahaya Bello is hugging the headlines indefinitely. The confluence sub national entity stated earlier in public domain that GYB has no case to answer, but the EFCC states that reverse is the case.

The Governor in his reaction regretted that Ganduje who was supposed to cover his face in shame over cases of corruption and political violence hanging around his neck shamelessly spoke about non-existent failure in the New Nigeria Peoples Party (NNPP) led government in the state.

According to the statement, “Governor Yusuf insisted that Ganduje presided over two unproductive tenures characterised with, inability to cater for the needs of Kano’s population and nepotism.

“Our eight months in office has remarkably outweighed Ganduje’s eight wasted years of political caricature and maladministration by all standards,” Governor Yusuf stated.

He advised the acting National Chairman of All Progressives Congress (APC) and the immediate-past Governor of the state, Abdullah Umar Ganduje to rather buckle up in defence of his battered image at the court, instead of further exposing his impunity on the media space.

Furthermore, to gain helicopter oversight on this thorny issue that’s a sore thumb that constitutes leprous fingers was highlighted by Muhuyi Magaji, chairman of the Kano state Public Complaints and Anti-Corruption Commission (PCCAC), where he stated inter alia that the agency has traced N51.3 billion allegedly diverted by Abdullahi Ganduje, former governor of the state.

Magaji spoke during an interview on Arise TV. He said the funds traced by the anti-corruption commission were half of the over N100 billion meant for LGs in the state.

“The monies were channeled to different local government accounts. They then met with local government staff to create false expenditure with a payment voucher and then diverted the money through a third party,” he said.

“We traced a lot of the diverted funds to various individual accounts at the single market and subsequently took the money in cash to the state government house with someone stationed with a counting machine.”

The trajectory where ignominious allegations that involve perceived associates of the ruling party and levers of power are overlooked, while entities in the bad books of the system are subjected to vice like grip treatment leaves a sour taste in the mouth that could be equated to dystopian locomotion in a democracy.

Ayoola Ajanaku is a Communications and Advocacy Specialist based in Lagos, Nigeria….

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