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Tag: AEDC

Electricity

AEDC adopts holding company structure to strengthen operations

Abuja Electricity Distribution Plc has announced its transformation into a Holding Company, a strategic move designed to boost its effectiveness in Nigeria’s evolving electricity market and the newly decentralised regulatory framework. In a statement on Sunday, the company said the restructuring follows the Electricity Act of 2023, which grants state governments the authority to establish […]

Electricity

AEDC reconnects FCT water board after public outcry

The Abuja Electricity Distribution Plc has acknowledged the concerns and spirited appeals from residents of the Federal Capital Territory following the disruption to the water supply arising from the recent disconnection of electricity to the FCT Water Board over an unpaid electricity bill. AEDC wishes to clarify that the disconnection followed the accumulation of over […]

Electricity

Blackout hits Abuja as AEDC battles feeder issue

Residents of Utako and sections of Wuye in Abuja are currently experiencing a power outage due to a technical fault on a feeder serving the areas, the Abuja Electricity Distribution Company has reported. In a public notice on Monday, AEDC notified customers that the electricity outage in Utako and parts of Wuye was due to […]

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 […]

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