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DisCos blame epileptic power supply in parts of Nigeria on insufficient load allocation

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Electricity distribution companies (DisCos) in the country have said that customers will experience a reduction in power supply for an indefinite period.

This is contained in separate statements issued on Saturday by Kano, Abuja, and Ikeja electricity distribution companies (KEDCO, AEDC, and IKEDC).

According to the DisCos, the shortage of electricity supply is due to “insufficient load allocation received”.

“We apologise for the current poor power supply you have been experiencing in certain parts of our network lately. This is due to the inadequate allocation received, hence the load shedding,” IKEDC said.

“We regret the inconvenience this has caused and wish to assure that we are engaging the responsible stakeholders in the electricity value chain to improve the situation.”

Also speaking on the issue, KEDCO said the load allocation had constantly reduced, and therefore, became inadequate to supply all customers.

“This is to kindly inform our esteemed customers that the low power supply currently being experienced across our franchise is due to low power generation nationwide,” it said.

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“Consequently, the load allocation to KEDCO has drastically reduced and is barely adequate to supply all our customers sufficiently, thus the massive load shedding.

“We reassure our esteemed customers of our uninhibited commitment to providing quality electricity supply as soon as generation and allocation from Transmission Company of Nigeria (TCN) improves.

“We sincerely apologise for all inconveniences resulting from this regrettable development.”

The load allocation is received by the DisCos from the generation companies (GenCos).

The load allocation formula is contained in the multi year tariff order (MYTO), which guides the power sector.

Under the MYTO load allocation, the DisCos in Nigeria share the total volume of power generated by the GenCos on a ratio based on their customer base.

It was also observed that the ‘insufficient load allocation’ being reported by DisCos had persisted for two weeks as the Port Harcourt electricity distribution company (PHED) had notified customers of low power supply in a statement dated January 14, 2023.

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However, PHED blamed the decline in supply on “constrains on the grid”.

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We’re not considering any foreign military base in Nigeria — FG

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The Minister of Information and National Orientation, Alhaji Mohammed Idris, has said that the Federal Government was not considering any foreign military base to counter insurgency and other crimes.

 

Disclosing this on Monday in Abuja, Idris noted that the Federal Government was aware of the false alarm being raised in some quarters about discussions with some foreign countries on the siting of foreign military bases in Nigeria.

He urged the public to “totally disregard this falsehood”.

 

In his words: “The Federal Government is aware of false alarms being raised in some quarters alleging discussions between the Federal Government of Nigeria and some foreign countries on the siting of foreign military bases in the country.

 

“We urge the general public to totally disregard this falsehood.

 

 

“And the President remains committed to deepening these partnerships, with the goal of achieving the national security objectives of the Renewed Hope Agenda.”

 

 

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UPDATED: Ikeja DisCo reduces Band A electricity tariff to N206.80/kwh

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The Ikeja Electricity Distribution Company says it has reduced the tariff for customers under Band A classification to N206.80 per kilowatt-hour (kwh).

 

On April 3, the Nigerian Electricity Regulatory Commission (NERC) approved an increase in electricity tariff for customers under the Band A category to N225 per kwh — from N66. 

 

The commission said customers under the classification are those who receive 20 hours of electricity supply daily. 

 

Announcing the slash in a circular on Monday, Ikeja Electric said the new tariff regime will take effect from May 6, 2024.

 

“Please be informed of the downward tariff review of our Band A feeders from N225/kwh to N206.80/kwh effective 6th May 2024 with guaranteed availability of 20-24hrs supply daily,” the circular reads.

 

However, the DisCo said the tariff for bands B,C,D and E are unchanged.

 

On April 4, NERC said the approved tariff increase is expected to reduce subsidy for the 2024 fiscal year by about N1.14 trillion.

“With the newly approved tariffs, subsidies for the 2024 fiscal year are expected to reduce by about NGN1.14 trillion in furtherance of the federal government’s realignment of the subsidy regime,” NERC said.

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Musliu Oseni, vice-chairman of the commission, said the new tariff will bolster the nation’s economy.

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JUST IN: Ikeja DisCo reduces Band A electricity tariff to N206.80/kwh

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The Ikeja Electricity Distribution Company says it has reduced the tariff for customers under Band A classification to N206.80 per kilowatt-hour (kwh).

 

On April 3, the Nigerian Electricity Regulatory Commission (NERC) approved an increase in electricity tariff for customers under the Band A category to N225 per kwh — from N66. 

 

The commission said customers under the classification are those who receive 20 hours of electricity supply daily. 

 

Announcing the cut in a circular on Monday, Ikeja Electric said the new tariff rate will be effective from May 6, 2024.

 

Details later…

READ  NLC insists on planned nationwide protest, says 'we cannot be intimidated’
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