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FG May Revoke DisCos’ Licenses For Poor Performance – Minister

FG May Revoke DisCos’ Licenses For Poor Performance – Minister
The Minister of Power, Saleh Mamman, has attributed failure in electricty supply to Distribution Companies’ (DisCos) poor performance, stressing that FG may revocate some licenses after review.
Stating that the Federal Government Executive Council will decide the fate of the DisCos, after reviewing the memo on their performance, the Minister lamented that Power supply has failed to improve in the country in spite of the promise by successive governments since 1999 and the privatization of the sector in 2013.
Nation reports that the Minister said DisCos have failed to meet up with their obligations while the government is no longer willing to continue subsidising them.
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He said “Government has signed a Memorandum of Understanding with the German government and Siemens. They are to align between distribution, transmission and generation so that if we generate 13,000 megawatts, transmission will take the whole 13,000 and will distribute same. That way, Nigerians will be happy and everyone will have 24/7 electricity supply.”
“The DisCos are manning the distribution that is why I have submitted my observations to the government. It is left for the government to decide. We just have to sit and see whether they are capable, have the technical know-how because most of the problems we are having today is technical and commercial losses.
“They will give you electricity and may not collect your money or they will collect the money and pocket, or they may send electricity and you may not have good sub-station that may collect this power and distribute to customers. This has been our major problem and it is the responsibility of the DisCos to take care of that end”.
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“Government cannot continue subsiding because what they (DisCos) are doing is that they collect 3,000 megawatts and pay for only 1,000 megawatts, that is 15 per cent of what they are collecting, so government is the one completing the payment. We cannot continue like that.
“If they are ready to continue, fine but if they are not ready to continue maybe they should give way to whoever that is ready to come and invest. We are asking the government to review and see if they are capable, but if they are not capable, they should give way.
“Most of the problems we are facing in this country that we cannot get electricity supplied adequately and efficiently is because we have a problem in distribution. Generation, no more problem.
“We can generate up to 13,000 megawatts, but the transmission, those who are taking the electricity supply can only take 7,000 megawatts, even at that they are not taking the whole 7,000 megawatts but only 4,500 megawatts and then send to distribution. The distribution in turn receives only 3,000 megawatts. Because of technical and commercial reasons, they cannot contain the entire power that has been generated.
“So, we have to correct the infrastructure. That is why I said that today, I submitted my observation to council and I believe the government is on it.”
On the financial interventions the government had made so far in the power sector, Mamman said: “If they are ready to continue, fine, but if they are not ready to continue maybe they should give way to whoever is ready to come and invest.
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“We are asking government to review and see if they are capable but if they are not capable they should give way”, he added.
DisCos in the country are: Ikeja Electric, Benin DisCo, Abuja DisCo, Kano DisCo, Port Harcourt DisCo, Ibadan DisCo, Enugu DisCo, Eko DisCo, Jos DisCo, and Kaduna DisCo and Yola DisCo which is now in the hands of government.
(NATION)
PHOTO: File
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JUST IN: Tinubu Decorates New Service Chiefs

President Bola Tinubu on Thursday decorated the new service chiefs with their respective ranks at the Council Chamber of the Presidential Villa, Abuja.
The ceremony, which began shortly after 2pm saw the President perform the decoration alongside Vice President Kashim Shettima and the spouses of the decorated officers, each dressed in their respective service uniforms.
Those decorated were General Olufemi Oluyede as the Chief of Defence Staff; Lieutenant-General Wahidi Shaibu as Chief of Army Staff; Air Marshal Kennedy Aneke as Chief of Air Staff; and Vice Admiral Idi Abbas and Chief of Naval Staff.
The Senate had, on Wednesday, confirmed the four nominees after a two-hour closed-door screening session where they were grilled on strategies to strengthen national security and improve coordination among the armed forces.
Tinubu had earlier written the red chamber, seeking an expedited confirmation process “to ensure continuity in the nation’s security leadership.”
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It was observed that the ceremony was attended by senior government officials, lawmakers family members of the service chiefs and top officers from the various arms of the military.
The President, Vice President and the officers’ spouses took turns pinning the new ranks on each of the decorated chiefs.
The decoration came barely one week after the Presidency announced a sweeping reshuffle in the military hierarchy.
In the statement signed by the President’s Special Adviser on Media and Public Communication, Sunday Dare, it said the shake-up was part of efforts to inject new direction into the nation’s defence architecture.
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The Chief of Defence Intelligence, Major General E. A. P. Undiendeye, retained his position.
Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, later told our correspondent that the changes were not connected to recent rumours of a coup plot, saying, “The President acted within his authority as Commander-in-Chief. Service chiefs can be hired and fired by the President.”
On Monday, Tinubu had met privately with the new service chiefs at the Villa.
They arrived in a black Mercedes-Benz Sprinter van escorted by a green Toyota Land Cruiser, and the session lasted about 40 minutes.
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Presidency sources said the President charged them to take decisive action against insurgents and bandits, particularly in the North.
Last Friday’s reshuffle followed an October 19 report alleging that some officers were plotting to overthrow the government — a claim later dismissed by the Defence Headquarters as “false and mischievous.”
The Director of Defence Information, Brigadier-General Tukur Gusau, said the alleged arrests linked to a coup were “issues of indiscipline” within the ranks, describing the report as “intended to cause unnecessary tension and distrust among the populace.”
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JUST IN: Eurozone Growth Beats Expectations In Third Quarter

The eurozone economy grew faster than expected in the third quarter of 2025, official data showed Thursday.
The EU’s data agency said the 20-country single currency area recorded growth of 0.2 per cent over the July-September period from the previous quarter.
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The figure was higher than the 0.1 per cent forecast by analysts for Bloomberg and FactSet.
More details later…
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PHOTOS: Police Inspector, Others Die In Lagos-Ibadan Expressway Multiple-truck Crash

At least four persons were feared dead while several others sustained injuries in a multiple-vehicle crash involving five articulated trucks on Kara Bridge, inward Mowe, along the Lagos-Ibadan Expressway on Thursday.
A police inspector attached to the Lagos State Police Command was said to be among the victims.
The Lagos State Commissioner of Police, Moshood Jimoh, who confirmed the incident on Thursday during a visit to the scene, said emergency response teams worked through the early hours to rescue victims and clear the wreckage.
“We have a case of multiple accidents at the border between Ogun and Lagos State. Five vehicles were involved, all articulated vehicles. Precisely, three people have been rescued from the scene of the accident.
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“As early as 5 a.m., we have been on it, and we have other agencies here assisting us. We have LASTMA, the Road Safety Corps, and other security agencies,” Ishola said.
He explained that preliminary investigations showed the crash was caused by a trailer that suffered brake failure.
“At the beginning, we have a trailer that failed to brake, and it is important that everybody in charge of their vehicle ensures proper maintenance,” he stated.
The commissioner also confirmed the death of one of his officers who was part of the police advance team deployed to the scene.

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“It’s very unfortunate that we lost one of our police inspectors who came with our advance team to salvage the situation,” he said.
Ishola cautioned motorists, particularly drivers of articulated vehicles, against reckless driving, which he described as a leading cause of fatal crashes on highways.

“We want road users, especially those driving articulated vehicles, to stop this kind of recklessness. If they are not reckless in their driving habit, we won’t have this kind of accident,” he warned.

Rescue operations involving the police, Federal Road Safety Corps, Lagos State Traffic Management Authority, and other agencies were still ongoing as of press time, while efforts to remove the damaged vehicles and restore traffic flow continued.
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