play_arrow
Urban Radio 945 Music, Talk, Sports
The Senate has expressed dissatisfaction with the performance of Nigeria’s electricity Distribution Companies (Discos) and the Transmission Company of Nigeria (TCN), since the privatization of the power sector.
The upper chamber described the privatization of the power sector as a failure, while threatening to initiate legislative measures, to reverse the policy.
This was made when the Chairman of the Senate Committee on Power, EYINNAYA ABARIBE, submitted his report for consideration, explaining that the DisCos have largely failed to deliver reliable electricity to Nigerians.
In his report presentation, the lawmaker highlighted the financial losses incurred each time the grid collapses, adding that restarting a power plant costs approximately $7.5 million and with three plants in operation, the total cost per grid collapse amounts to $25 million.
The Senate Committee on Power was thereafter given six weeks to develop improved recommendations concerning the non-functionality of DisCos and TCN.
Nigerian singer, AYODEJI BALOGUN, popularly known as WIZKID, has become the first African artiste to perform at the British Fashion Awards. WIZKID closed the 2024 British Fashion Awards ceremony with a captivating performance of his hit song, ‘Troubled Mind.’ The event, which was held at London’s most iconic venue, Royal Albert Hall, was attended by A$AP ROCKY, RIHANNA, DAVE CHAPPELLE, TEMS , and other celebrities.
