Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Saraki suggests action on non-compliant power firms

10 October 2015, 08:47

Abuja - President, Bukola Saraki, has advocated sanctions against electricity distribution companies (DIDCOS) who fail to live up to the terms of agreements with the Federal Government.

Saraki made the call when the Chairman of the Nigerian Electricity Regulatory Commission (NERC), Sam Amadi, led other members of the Commission on a courtesy visit to the Senate President in Abuja.

He said the National Assembly was eager to see Nigerians enjoy power supply and at the cheapest possible cost.

The Senate president said the Senate would ensure that all acts of impunity by DISCOS were eradicated.

“More importantly, from our own point of view is that how do we ensure that majority of the owners of the DISCOS keep to some of the agreements or the commitments they made at the time of purchase. Some of them by the time they were buying these assets have committed to certain investments that were going to be done,” Saraki said.

Also read: NUPENG blasts power Discos for poor supplies

He said the National Assembly and NERC were committed to ensure consumers got value for their money.

“You are those that work directly with them (DISCOs) and it is important you bring to our attention what is necessary to ensure that at the end of the day the consumers, the Nigerian people get the best benefit. The aim at the end of the day is to ensure that every Nigerian get the power and they get it at the cheapest possible cost and those who are responsible for running these units keep to the agreement,” Saraki said.

Amadi said the commission was doing all it could to eliminate fixed electricity charges.

He also added that one of the factors militating against increased power supply was the weak infrastructure in the country.

“We have mandated Discos to find a way to restructure the fixed charge in a way that they also receive their revenue but in a manner that does not unfairly inconvenience or exploit the consumers. Our commitment is to try as much as possible to ensure that any form of pricing is fair to consumers and such that to help us to sustain the improvement in the sector,” Amadi said.

- CAJ News


Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...