aedc

  • economy

    AEDC, Transafam Power sign MoU to deliver 50MW to Abuja cluster

    The Abuja Electricity Distribution Company (AEDC) and the Transafam Power have signed a Memorandum of Understanding to deliver 50 Mega Watts (MW) of embedded power  to Idu commercial hub in Abuja. The MoU was signed for the companies by Mr Chijioke Okwuokenye, the Acting Managing Director  of AEDC and Mr Vincent Ozoude, the Managing Director of Transafam Power Ltd, in…

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  • Featured

    AEDC appoints Okwuokenye as acting MD

    Abuja Electricity Distribution Company (AEDC) has announced the appointment of Mr Chijioke Okwuokenye as the acting Managing Director with immediate effect. The News Agency of Nigeria (NAN) reports that the appointment was announced in a statement issued by the Head, Marketing and Corporate Communication, AEDC, Mrs Adefisayo Akinsanya, in Abuja on Monday. Akinsanya said that the appointment was part of…

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  • economy

    AEDC attributes power outage in Kubwa , environs to technical fault

    The Abuja Electricity Distribution Company(AEDC) has attributed power outage in parts of Kubwa and environs to a technical fault at the Kubwa Transmission Station. This is contained in a statement in Abuja on Friday. “We would like to inform residents of Army Scheme, Owner Occupier, Phase 3 and 4, Phase 2 Site 1 and 2, Naval Quarters, NPA Quarters, Gadonasko…

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  • judiciaryCourt orders blogger Ikeji to pay Neo black movement N30m damages

    Alleged electricity theft: Discrepancies in prosecution’s witness statement stalls trial

    The trial of alleged electricity theft filed by the Federal Government against an Abuja property developer was stalled on Tuesday at the Federal High Court, Abuja, due to some discrepancies in the prosecution witness statement. At the resumed trial, the prosecutor, Mr. Alibaba Mamman, called his witness, Mr. John Suleiman, who adopted his witness statement and identified some exhibits said…

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  • economyTariff: FCCPC wants stiffer actions to protect consumers, backs NERC’s AEDC fine

    Tariff: FCCPC wants stiffer actions to protect consumers, backs NERC’s AEDC fine

    The Federal Competition and Consumer Protection Commission (FCCPC) has appealed for robust and vigilant enforcement by NERC towards greater transparency in billing and electricity supply. A statement issued by the Acting Executive Vice Chairman of the Commission, Dr. Adamu Abdullahi, in Abuja on Sunday said the enforcement would ensure balance with the recently increased tariff for Band A customers. Abdullahi…

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  • economyTranscorp Power posts N453bn pre-tax profit, declares N3.13 dividend

    Transcorp Power posts N453bn pre-tax profit, declares N3.13 dividend

    Transcorp Power Plc (Transcorp Power) has reported N453 billion in profit before tax for the year ended Dec. 31, 2023. Mr. Stanley Chikwendu, Group Company Secretary, Transcorp Power, said this indicated a surge of 85 percent when compared with N439 billion reported in 2022.   Chikwendu stated this in the company’s audited financial statement for the year ended Dec. 31,…

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  • economyUpgrade of transmission infrastructure will check frequent grid collapse -expert

    Upgrade of transmission infrastructure will check frequent grid collapse -expert

    An expert in the power sector, Mr. Kunle Olubiyo, says the upgrade of transmission infrastructure will help check the frequent grid collapses in the country. Olubiyo, who is also the President of the Nigerian Consumer Protection Network, said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Friday. He said that most of the transmission…

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  • economyPower outage: Business owners in FCT count losses

    Power outage: Business owners in FCT count losses

    Many business owners in the Federal Capital Territory (FCT) have continued to count their losses following the power outage being experienced in the territory. The business owners who operate in Lugbe, Kubwa, Kuje, Area 10, and Nyanyan spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday. NAN reports that the blackout had lingered for more than a…

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  • economyMinister summons DisCos, TCN over worsening power situation

    Minister summons DisCos, TCN over worsening power situation

    Minister of Power, Mr. Adebayo Adelabu, has summoned the chief executive officers of two electricity distribution companies (DisCos) to a meeting to be held in the coming week over worsening supply situations in their regions. Those invited to the meeting are the chief executive officers of Abuja Electricity Distribution Company (AEDC) and Ibadan Electricity Distribution Company (IBDC). Also summoned to…

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  • economyN42 bn debt: Corpses decomposing in army mortuaries over power outage

    N42 bn debt: Corpses decomposing in army mortuaries over power outage

    The Chief of Army Staff (COAs), Lt. Gen.Taoreed Lagbaja, says corpses in mortuaries within some barracks of the Nigerian Army are decomposing over a power outage.  Mr. Bolaji Tunji, Special Adviser to the Minister of Power on Strategic Communication and Media Relations, said this in a statement in Abuja on Friday. Tunji quoted Lagbaja as saying this when he visited…

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  • Energy & Environment

    Residents of Lafia Demand Action Over Power Woes

    Lafia, Nasarawa State, February 19, 2024: Residents of Lafia, the capital of Nasarawa State, are up in arms over the persistently poor power supply and exorbitant electricity bills they have been burdened with. In response to their grievances, the aggrieved residents have announced plans to stage a peaceful protest at the office of the Abuja Electricity Distribution Company (AEDC) along…

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  • Featured

    AEDC takeover: BPE challenges court’s jurisdiction to hear suit

    The Bureau of Public Enterprises (BPE), on Monday, challenged the jurisdiction of a Federal High Court, Abuja to hear a suit filed against it and others over the controversial takeover of Abuja Electricity Distribution Company (AEDC).   Counsel to the BPE, A.U. Mustapha, SAN, made this known to Justice Inyang Ekwo during the day’s preceding. He hinted that a motion on…

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  • Featured

    AEDC controversy: Court orders parties to maintain status quo

     A Federal High Court, Abuja, on Friday, ordered parties in a suit filed over the raging controversy on the alleged takeover of the Abuja Electricity Distribution Company (AEDC) to maintain status quo pending the next date of hearing. Justice Inyang Ekwo, who gave the order following an ex-parte motion moved by counsel to the plaintiffs, Etigwe Uwa, SAN, ordered that the…

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  • Featured

    AEDC Franchise: FG, NUEE sign MoU

    The Federal Government and the National Union of Electricity Employees (NUEE) On Tuesday in Abuja signed a Memorandum of Understanding (MoU) on the Abuja Electricity Distribution Company (AEDC) franchise and the outstanding entitlements of workers. It will be recalled that workers in the nation’s power sector, under the auspices of NUEE, served the Federal Government a notice of industrial action…

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  • Energy & Environment

    AEDC installs 320,000 meters in 4 States

    The Abuja Electricity Distribution Company (AEDC) says it will install 320, 000 meters for consumers yet to have meters in Niger, Kogi, Nasarawa and the Federal Capital Territory (FCT) in 2020 The Managing-Director (AEDC), Mr Earnest Mupwaya, represented by the General-Manager, Mr Isah Abdul-Rahaman, disclosed this in Minna on Friday at the AEDC Niger Region Customers Engagement/Consultation and Tariff Review…

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