Business
DISCOs Suspension: Association Assures Speedy Resolution

The Association of Nigerian Electricity Distribution (ANED), says it is working with stakeholders in the power sector to address issues that led to the suspension of some of its members.
The Executive Director, Research and Advocacy, ANED -umbrella body of Electricity Distribution Companies (DisCos), Mr Sunday Oduntan disclosed this in an interview with newsmen in Abuja yesterday.
Oduntan said the association had taken practical steps to address the issues that led to the disconnection of some facilities of its members by Transmission Company of Nigeria (TCN).
“We will continue to work with all stakeholders in the industry. Our members will also continue to do their best to meet our obligations to the market.
“However, we want people to realise that electricity is a utility which has to be paid for. “People must know that we have to pay to the transmission companies just as we also enjoin our customers to also pay to us,’’ he said.
Oduntan explained that the disconnection of the DisCos was a direct effect of liquidity crisis in the Nigeria power sector.
“The liquidity crisis that we have, has brought about a very huge short fall in the market. “This is making it impossible or difficult for market participants to meet their obligations.
“In the case of DisCos, we are under-selling our products because we are buying at a higher price than the price we are selling to electricity consumers.
“So it has become difficult for us to pay our creditor. That is what is going on,’’ he said.
Reports say that in the last few weeks, suspension and disconnection orders had been issued against, Kano, Port-Harcourt, Enugu, Eko and Ikeja DisCos .
The suspension order followed default of the “Market Conditions/Market Participation Agreements’’ by the DisCos.
TCN has, however, lifted the suspension on Enugu, Eko and Ikeja DiScos after they complied with the agreement while Port-Harcourt Disco is still on suspension.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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