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Blackout Looms As FG Disconnects Discos From National Grid Over Debt [SEE LIST]

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Millions of electricity consumers may be plunged into darkness in the coming weeks as the Federal Government via the Transmission Company of Nigeria and the Market Operator have begun a massive disconnection of debtor electricity distribution companies from the national grid.

PUNCH findings showed the development followed notices of disconnection from the grid served on some of the Discos by the Market Operator.

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The MO, a division of the Transmission Company of Nigeria had informed some Discos, including generating companies of the disconnection plan, due to failure to make remittances of ancillary services bills.

Since the noticed by MO, The PUNCH observed that electricity supply had degenerated further across the country, with many areas complaining of either low or no supply.

The Executive Director, MO, Eddy Eje, in a recent statement advised erring Discos to make necessary payments. This followed an intervention by the Minister of Power, Abubakar Aliyu.

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READ ALSO: National Grid May Collapse With 6,000MW Power — NYCN

Based on the 60 days extension of the grace period, the market defaulters were expected to comply with the provisions of the Market Rules with respect to payment of their outstanding invoices, posting of adequate bank guarantees, and forwarding of their active Power Purchase Agreements as the case may be, to the MO/TCN.

Findings by The PUNCH revealed that the Discos and Gencos listed among defaulters by the Market Operators included; Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu Electricity Distribution Company, Ibadan Electricity Distribution Company, Ikeja Electric, Jos Electricity Distribution Company, Kaduna Electric, Kano Electricity Distribution Company, Port Harcourt Electricity Distribution Company, APL Electric Company Aba, Ajaokuta Steel Company- a special electricity customer. The defaulting Gencos are Niger Delta Power Holding Company plants and Paras Energy.

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Although the spokesperson for the Association of Nigerian Electricity Distributors, Sunday Oduntan declined comments on the development, a notice sent to customers by Ibadan Discos, confirmed The PUNCH findings..

IBEDC Managing Director/CEO, Kingsley Achife in a statement obtained by The PUNCH stated that there would be a mass disconnection from the national grid.

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According to him, the decision was a result of poor remittances by customers.

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Achife said that the action may result in power outages to customers within the IBEDC franchise areas, especially locations with the highest population of defaulters.

It was gathered that the areas to be affected by the mass disconnection are Oyo, Ogun, Osun, Kwara, and parts of Niger, Ekiti and Kogi states.

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Achife, “As a revenue collection arm of the electricity value chain, IBEDC sells and distributes electricity generated by the generation companies. However, the company is unable to meet its financial obligations to the electricity value chain due to poor payment and huge outstanding bills by customers.

“We appeal to our esteemed customers to pay their current and outstanding bills to enable IBEDC to meet its obligations to the Market Operator and other parties in the electricity supply industry to ensure continuous and uninterrupted power supply.

“IBEDC prioritizes the provision of reliable and excellent service to our esteemed customers but requires timely payment for the energy consumed.

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READ ALSO: Blackout As National Grid Collapses Again

“Payment for electricity is essential to ensure the sustainability of our operations, and it is a responsibility that we all share.

“We urge our customers to note that failure to pay current and outstanding electricity bills may result in disruption of power to homes, communities, and businesses connected to our network.

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“We encourage all customers to pay their bills promptly to avoid any inconvenience,” Achife added.

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Edo To Dredge Ikpoba River For Revenue, Flood Control

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Edo State government has proposed the dredging of Ikpoba River to curb flooding and exploring potentials for enhancing revenue generation in the state.

The state Commissioner for Mining, Hon. Andrew Ijegbai, disclosed this when he led a delegation on an inspection of the river in Benin City.

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According to him, the initiative was to find a lasting solution to the incessant challenges of flooding and river overflow on the busy road.

He added that his team was on the ground to assess the condition of the river to get a firsthand observation of its impact on communities near its bank.

READ ALSO: Controversy Over Pregnant Woman Buried Alive In Edo

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Also speaking, Director of Mining in the ministry, Mr. Omoruyi Ihianle expressed the state government’s determination to turn challenges into successes.

He stated that the primary objectives of the project were to generate revenue for the state government through mining and to mitigate flooding in the host communities.

“As a government, we have found a way of converting our challenges until success.

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“As a result of the silted river channel, the host communities have been suffering from flooding, hence the Edo State Government is stepping in to desilt while raising revenue for the State Government,” he said.

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JUST IN: Ex-Eagles Goalkeeper, Peter Rufai, Is Dead

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Peter Rufai, the former Super Eagles goalkeeper, has died.

Waidi Akanni, a former teammate and associate, confirmed the legendary goalkeeper’s death to TheCable on Thursday.

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Rufai, affectionately nicknamed Dodo Mayana, died at 61 after a reported battle with long-term illness.

The Super Eagles of Nigeria also announced the demise of the former goalkeeper on the team’s official X account.

READ ALSO: Meet First African Artiste Who Get Hollywood Walk Of Fame Star

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Forever in our hearts, Dodo Mayana. We mourn the passing of legendary Super Eagles goalkeeper, Peter Rufai, a giant of Nigerian football and a 1994 AFCON champion,” the post reads.

Your legacy lives on between the sticks and beyond.”

Rufai is regarded as one of the best football goalkeepers Nigeria has ever produced. He was the Eagles’ first-choice goalkeeper when Nigeria won the 1994 Africa Cup of Nations (AFCON).

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He also represented Nigeria at the 1994 FIFA World Cup in the US and the 1998 FIFA World Cup in France.

Rufai had over 60 caps for the Super Eagles over the course of a decade with the team.

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AMCON Sells Ibadan DisCo For N100bn

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The Asset Management Company of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion.

AMCON’s Managing Director/CEO, Gbenga Alake, disclosed this at a media parley on Thursday.

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Apart from IBEDC, AMCON also manages other distribution companies, including the Abuja Electricity Distribution Company (AEDC), Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company.

READ ALSO:IBEDC Throws Ogun Industrial Estate, Others Into Darkness Over Debts

Alake said, “Today, I announce to you that Ibadan DisCo has been sold. When we came in, it had already been sold, but we renegotiated the price and got almost double of what it was initially going to be sold for.”

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Regarding ongoing legal issues, Alake stated, “We have sold it, and whatever is still happening in court, we will face it.”

However, officials of IBEDC did not respond to inquiries about the sale.

 

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