Tag: Eko Electricity Distribution Company
Nigeria’s planned electricity tariff hike which was earlier scheduled for the first of July has been postponed until the first quarter of 2021. This decision was taken by the leadership of the National Assembly after a meeting with the regulators NERC, and representatives of electricity distributors. George Etomi, Director of the Eko Electricity Distribution Company joins me to discuss this story and more.
The Nigerian Electricity Regulatory Commission says there will be no tariff action in April, as the proposed increase in electricity tariffs initially slated for today has been delayed for three months. Nigeria's electricity regulator also notes that tariffs will only be raised as the Distribution Companies improve the quality of supply, meter customers and agree with consumers on rates. George Etomi, Director of the Eko Electricity Distribution Company joins CNBC Africa for more.
The Nigeria Electricity Regulatory Commission (NERC) says there will be an increase in electricity tariffs by the first of April this year. The announcement came after the electricity regulator concluded its minor review of the multi-year tariff order of 2015 and the minimum remittance order for the year 2020. George Etomi, Director at Eko Electricity Distribution Company joins CNBC Africa’s Kenneth Igbomor to discuss the future of Nigeria’s power sector.
Nigeria’s ministry of power has introduced a new electricity distribution policy, called ‘willing seller, willing buyer’. In a statement, the ministry says under the new policy, electricity would be wheeled directly from generation companies to willing consumers ready to fully settle their bills. Director of Eko Electricity Distribution Company, George Etomi joins CNBC Africa to discuss the implication of this policy.
The Association of Nigerian Electricity Distributors says Discos will need an estimated N8.7 billion annually to meet the new remittance expectations set by the Nigerian Electricity Regulatory Commission (NERC). Director of Eko Electricity Distribution Company, George Etomi joins CNBC Africa for more.
As Nigerians await President Buhari's budget presentation before a joint session of the National Assembly, we find out what areas are pertinent to the power sector. For this discussion, George Etomi, Director of Eko Electricity Distribution Company joins CNBC Africa.
The Eko Electricity Distribution Company says it has signed a Memorandum of Understanding with Meter Asset Providers to reduce the metering gap within its distribution network. Adeoye Fadeyibi the Managing Director and CEO of Eko Electricity Distribution Company joins CNBC Africa for more.
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