Oil & Energy
Electricity Consumers Threaten To Sue Lagos Discos
Some electricity consum
ers in Lagos State last Thursday staged a protest over the poor electricity supply and Electricity Distribution Companies (DISCOs) for inappropriate billing.
The Tide gathered that the consumers, who came out in their hundreds at the Akowonjo Business Unit, demanded the immediate stoppage of extortion by the DISCOs.
Vice-Chairman, Association of Electricity Consumers of Nigeria (AECN), Mr Salaudeen Folarin, spokesperson of the protesting consumers, described, the electricity supply in Lagos State as disappointing.
Folarin said that the poor electricity supply was compounded by the arbitrary billing of consumers.
According to him, the association has already registered their complaints with the Consumers Protection Council (CPC) of Nigeria.
He said that AECN had equally concluded plans to sue the DISCOs in Lagos for breach of contract.
“We appeal to the agencies concerned with electricity distribution in Lagos State to discontinue with the system.
“This estimated billing is not in the best interest of Nigerians,” the association’s vice-chairman said.
Folarin said that most electricity consumers in Lagos were yet to receive pre-paid meters after more than over two years of paying for the meters.
He said that the difficulties associated with billing and measuring electricity consumption ratio would seize if every consumer had pre-paid meter.
Folarin expressed regret that the privitisation of the power sector had not improved the power supply situation in the country.
“The reality with the private investors in the scene now is that they possess no magic wand to supply more power than what government used to do.
“We have not been enjoying electricity supply since these new owners took over. I don’t know what is happening,” he said.
Sources at the Ikeja DISCO, who preferred not to be mentioned, said that it was uncharitable to blame them for the erratic electricity supply in Lagos State.
“Power supply is more attributable to our national grid and not the DISCOs. DISCOs will only distribute the energy given to them,” he said.
He also said that the Ikeja DISCO had commenced the distribution of pre-paid meters to consumers that paid for it in the last two to three years.
Oil & Energy
Take Concrete Action To Boost Oil Production, FG Tells IOCs
Speaking at the close of a panel session at the just concluded 2026 Nigerian International Energy Summit, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said the government had created an enabling environment for oil companies to operate effectively.
Lokpobiri stressed that the performance of the petroleum industry is fundamentally tied to the success of upstream operators, noting that the Nigerian economy remains largely dependent on foreign exchange earnings from the sector.
According to him, “I have always maintained that the success of the oil and gas industry is largely dependent on the success of the upstream. From upstream to midstream and downstream, everything is connected. If we do not produce crude oil, there will be nothing to refine and nothing to distribute. Therefore, the success of the petroleum sector begins with the success of the upstream.
“I am also happy with the team I have had the privilege to work with, a community of committed professionals. From the government’s standpoint, it is important to state clearly that there is no discrimination between indigenous producers and other operators.
“You are all companies operating in the same Nigerian space, under the same law. The Petroleum Industry Act (PIA) does not differentiate between local and foreign companies. While you may operate at different scales, you are governed by the same regulations. Our expectation, therefore, is that we will continue to work together, collaborate, and strengthen the upstream sector for the benefit of all Nigerians.”
The minister pledged the federal government’s continued efforts to sustain its support for the industry through reforms, tax incentives and regulatory adjustments aimed at unlocking the sector’s full potential.
“We have provided extensive incentives to unlock the sector’s potential through reforms, tax reliefs and regulatory changes. The question now is: what will you do in return? The government has given a lot.
Now is the time for industry players to reciprocate by investing, producing and delivering results,” he said.
Lokpobiri added that Nigeria’s success in the upstream sector would have positive spillover effects across Africa, while failure would negatively impact the continent’s midstream and downstream segments.
“We have talked enough. This is the time to take concrete actions that will deliver measurable results and transform this industry,” he stated.
It would be noted that Nigeria’s daily average oil production stood at about 1.6 million barrels per day in 2025, a significant shortfall from the budget benchmark of 2.06 million barrels per day.
Oil & Energy
Host Comm.Development: NUPRC Commits To Enforce PIA 2021
Oil & Energy
PETROAN Cautions On Risks Of P’Harcourt Refinery Shutdown
The energy expert further warned that repeated public admissions of incompetence by NNPC leadership risk eroding investor confidence, weakening Nigeria’s energy security framework, and undermining years of policy efforts aimed at domestic refining, price stability, and job creation.
He described as most worrisome the assertion that there is no urgency to restart the Port Harcourt Refinery because the Dangote Refinery is currently meeting Nigeria’s petroleum needs.
“Such a statement is annoying, unacceptable, and indicative of leadership that is not solution-centric,” he said.
The PETROAN National PRO reiterated that Nigeria cannot continue to normalise waste, institutional failure, and retrospective justification of poor decisions stressing that admitting failure is only meaningful when followed by accountability, reforms, and a clear, credible plan to prevent recurrence.
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