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Nigeria’s gas revolution will lift West Africa’s energy

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Tag: AEDC

Electricity Oil and Gas

Blackout looms as national grid collapses again

The national electricity grid witnessed a partial collapse on Monday throwing some parts of the country into darkness. The Abuja Electricity Distribution Company said that the development, which had an impact on its consumers on Monday afternoon, was a technical failure, according to The Punch. The AEDC announced in the evening that some of its […]

Electricity News

TCN suspends AEDC over market participation agreement violation

The Abuja Electricity Distribution Company has been suspended by the Transmission Company of Nigeria for violating the terms of the market participation agreement and market rules. AEDC supplies electricity to the Federal Capital Territory, Kogi, Nasarawa and Niger states, while TCN is the Federal Government company that transmits the electricity produced by power generation companies […]

Power crisis worsens as National grid collapses again
Electricity

Blackout hits Abuja, Kogi as power station collapses

Some residents of the Federal Capital Territory, Abuja, and some areas in Kogi State are currently experiencing power outages due to technical glitches. The Abuja Electricity Distribution Company is in charge of these two areas, according to The Punch. The Abuja Electricity Distribution Company informed its customers in Zamani Estate, Abacha Road Mararaba, Ruga Juli, […]

Transcorp-led investors acquire 60% stake in Abuja DisCo
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Transcorp-led investors acquire 60% stake in Abuja DisCo

Abuja Electricity Distribution Company has been purchased by a group of investors led by Transcorp Power Limited for $60 million. The Managing Director/Chief Executive Officer (MD/CEO) of AEDC will now be Christopher Ezeafulukwe, who is currently the MD/CEO of Transcorp Power Limited. The hiring of Ezeafulukwe is anticipated to play a significant role in reviving AEDC, […]

AEDC refutes tariff increase reports
News

AEDC refutes tariff increase reports

The Abuja Electricity Distribution Company has stated that, contrary to media claims, it has not raised electricity pricing. Nairametrics reported that some media outlets stated that AEDC had announced an upcoming tariff rise despite not having received NERC’s approval. The announcement also coincided with energy experts’ expectations that electricity rates will rise as a result of the controlled […]