Business
FG Accuses Discos Of Rejecting Power Allocations
As Nigerians grapple
with the challenges of inadequate electricity supply, the federal government has accused some electricity distribution companies (DISCOs), of rejecting power allocated to them for distribution to customers.
Speaking to newsmen during a recent visit to Lagos State, the Minister of Power, Prof Chindu Nebo wondered why DISCOs would reject power when Nigerians did not have enough supply.
Nebo noted that some of the challenges militating against adequate supply of electricity in Nigeria were deliberate attempts by some people to punish Nigerians.
He warned that any company that rejects power allocated to it would be sanctioned by the federal government.
“Do you know that some distribution companies reject power given to them? I had to make a pronouncement that if a distribution company rejects power it will be penalised” he said.
The power minister explained that if such companies were named Nigerians would be shocked.
He explained that he had to climb the ministry’s five storey building for weeks because they “starved me and other ministries”.
According to him, at a time the companies claimed the Power Ministry was not paying them even as he said it turned out that only his ministry was actually paying while others were not.
“Even when there is power and all payments made, we do not have power so I had to invade the company.
“When I called and looked, I saw that they had already been noted for rejecting power.
“Since that time till now, we have been getting more steady power supply, so sometimes some of these things are deliberate” he said.
Nebo also warned against any form of monopoly and unionisation by the distribution companies adding that any investor that wants to build mini power plants can feed it into the grid but not necessarily the transmission gid.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
