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<p>Nigeria’s Bureau of Public Enterprises says it plans to unbundle and sell the Transmission Company of Nigeria, but how will this impact the dynamics at play in Nigeria&#8217;s electricity value chain?  Joining CNBC Africa for more is George Etomi, Director of the Eko Electricity Distribution Company.</p>


How the sale of Transmission Company of Nigeria impacts the country’s electricity value chain

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<p>Nigeria&#8217;s electricity regulator, NERC has approved a five-year Performance Improvement Plan and Capital Expenditure benchmark for distribution companies.</p>


NERC approves five-year performance improvement plan for power distributors

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<p>The Nigerian government has rejected the World Bank’s report on the state of Nigeria’s power sector arguing that it is unclear what empirical evidence the global lender deployed to arrive at their figures. In the report, the World Bank noted that 78 per cent of consumers in Nigeria received less than 12 hours of electricity supply daily and stressed that businesses lose $29 billion annually over unreliable power supply. George Etomi, Director of Eko Electricity Distribution Company joins CNBC Africa for more.</p>


Nigeria rejects World Bank report on its power sector

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<p>The Nigerian Stock Exchange has charged a five-man panel to serve as an independent alternative dispute resolution mechanism which will review and determine the claims with respect to any assertion of rights in the shares of the demutualised exchange. Chairman of the panel, George Etomi, joins CNBC Africa for more.</p>


Demutualisation: Understanding the task ahead for NSE’s five-man claims review panel

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<p>The Nigerian government and labour unions have agreed to extend the suspension of the new service-based electricity tariffs by one week.</p>


Nigeria extends suspension of new electricity tariff by one week

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<p>Ahead of the 60th Annual General Conference of the Nigerian Bar Association, George Etomi the Vice-Chairman of the Technical Committee on Conference Planning of the NBA Conference joins CNBC Africa’s Kenneth Igbomor to discuss the theme of this year’s event and what to expect.</p>


George Etomi on what to expect from NBA’s 60th Annual General Conference

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<p>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.</p>


Nigeria moves planned electricity tariff hike to Q1’2021

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<p>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&#8217;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.</p>


COVID-19: Nigeria delays electricity tariff hike for 3 months

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Following controversies trailing Nigeria&#8217;s power sector with power distribution companies taking most of the heat, Director, Eko Distribution Company, George Etomi, says the sector’s privatisation agenda would flourish once the government takes a step back. This comes as the Association of Nigerian Electricity Distributors (ANED) say they will resist any attempt to hand over their assets.</p>


Privatisation opened up Nigeria’s power sector

Privatisation opened up Nigeria’s power sector, diversified economy, says Eko Electric’s George Etomi

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<p>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.</p>


Electricity tariffs expected to increase this year: The state of Nigeria’s power sector

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<p>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.</p>


George Etomi: How Nigeria’s new power policy impacts consumers

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<p>In an exclusive interview on CNBC Africa today, South Africa&#8217;s President Cyril Ramaphosa says the country is working to get to the root cause of poverty in order to address the challenges of inequality in South Africa. He said this while responding to questions from guests in Lagos during this interaction. Bismarck Rewane, CEO of Financial Derivatives and Member of Nigeria&#8217;s Economic Advisory Council and George Etomi, Principal Partner of Etomi and Partners joins CNBC Africa to engage with South Africa&#8217;s President.</p>


Ramaphosa on tackling unemployment

Ramaphosa on tackling unemployment, inequality & poverty

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<p>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.</p>


George Etomi addresses Discos and NERC relationship in in Nigeria’s power sector

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<p>As Nigerians await President Buhari&#8217;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.</p>


What to look out for in Nigeria’s power sector ahead of 2020 budget

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<p>Nigeria&#8217;s President Muhammadu Buhari has assented to the Public Holiday Amendment Bill to confer official recognition to the 12th of June as Nigeria&#8217;s Democracy Day. George Etomi, Principal Partner of George Etomi and Partners joins CNBC Africa to discuss some solutions to challenges impacting Nigeria’s democracy.</p>


Strengthening democracy in Nigeria

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<p>This year&#8217;s theme for the 58th Nigerian Bar Association&#8217;s Annual General Conference will focus on Transition, Transformation, and Sustainable Institutions. The Chairman of this year&#8217;s Technical Committee on Conference Planning for the Nigerian Bar Association, George Etomi joins CNBC Africa to discuss this theme and how organisations can better manage transitions for development.</p>


NBA’s George Etomi speaks on 2018 Annual General Conference theme

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<p>Electricity Distribution Companies have been accused of over-billing its consumers through its estimated billing system. The lower chamber of the National Assembly has begun moves to criminalise the issuance of estimated bills to consumers.</p>


George Etomi

How the sale of Transmission Company of Nigeria impacts the country’s electricity value chain

NERC approves five-year performance improvement plan for power distributors

Nigeria rejects World Bank report on its power sector

Demutualisation: Understanding the task ahead for NSE’s five-man claims review panel

Nigeria extends suspension of new electricity tariff by one week

George Etomi on what to expect from NBA’s 60th Annual General Conference

Nigeria moves planned electricity tariff hike to Q1’2021

COVID-19: Nigeria delays electricity tariff hike for 3 months

Privatisation opened up Nigeria’s power sector, diversified economy, says Eko Electric’s George Etomi

Electricity tariffs expected to increase this year: The state of Nigeria’s power sector

George Etomi: How Nigeria’s new power policy impacts consumers

Ramaphosa on tackling unemployment, inequality & poverty

George Etomi addresses Discos and NERC relationship in in Nigeria’s power sector

What to look out for in Nigeria’s power sector ahead of 2020 budget

Strengthening democracy in Nigeria

NBA’s George Etomi speaks on 2018 Annual General Conference theme

Nigerian lawmakers plan to criminalise estimated billing system

News Tips

Advertise With Us

George Etomi

How the sale of Transmission Company of Nigeria impacts the country’s electricity value chain

NERC approves five-year performance improvement plan for power distributors

Nigeria rejects World Bank report on its power sector

Demutualisation: Understanding the task ahead for NSE’s five-man claims review panel

Nigeria extends suspension of new electricity tariff by one week

George Etomi on what to expect from NBA’s 60th Annual General Conference

Nigeria moves planned electricity tariff hike to Q1’2021

COVID-19: Nigeria delays electricity tariff hike for 3 months

Privatisation opened up Nigeria’s power sector, diversified economy, says Eko Electric’s George Etomi

Electricity tariffs expected to increase this year: The state of Nigeria’s power sector

George Etomi: How Nigeria’s new power policy impacts consumers

Ramaphosa on tackling unemployment, inequality & poverty

George Etomi addresses Discos and NERC relationship in in Nigeria’s power sector

What to look out for in Nigeria’s power sector ahead of 2020 budget

Strengthening democracy in Nigeria

NBA’s George Etomi speaks on 2018 Annual General Conference theme

Nigerian lawmakers plan to criminalise estimated billing system

News Tips

Advertise With Us

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