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3 Articles Found

The Guardian: We Will Not Disappoint Nigerians, By Enugu Disco Investors

The following article by Emeka Anuforo was published in the Saturday, November 9, 2013 edition of The Guardian. To view the original article, please click here.  The bid for the Enugu Electricity Distribution Company (Enugu Disco) was one of the most contentious of the lot. Fears of the preferred bidder, Interstate Electric’s ability to manage the facility post privatization raged, coupled with alleged political arm-twisting on its behalf. In this interview, Managing Director, Interstate Electrics, new owners of Enugu Disco, Mr. Robert Dickerman, told EMEKA ANUFORO in Abuja, that the firm would reposition the utility far beyond the expectations of Nigerians WHAT experiences are you bringing to Nigeria? I have been in the energy business my entire career, almost 35 years now. And I have been in the power sector for a long time, and I have managed utilities. I …


This Day Live: Dickerman: Interstate Electrics Will Deliver Uninterrupted Power to the South-east

The following article was published in ThisDayLive on Wednesday, October 29, 2013. To view the original article, click here. Dickerman: Interstate Electrics Will Deliver Uninterrupted Power to the South-east Fears have been expressed by stakeholders in the power sector over the competence or otherwise of Interstate Electrics’, the new owner of Enugu Electricity Distribution Company, to effectively manage the power utility that will be responsible for distributing and marketing electricity in the south-east. Chineme Okafor spoke with the Managing Director of the company, Robert Dickerman, who unfolded the strategies put in place to deliver steady electricity to its customers in the region. Excerpts: Interstate Electrics will soon take over operations at Enugu Electricity Distribution Company (EEDC) and there are fears that it lacks the capacity to effectively manage the power asset. Can you allay the fears? I can tell you …


From Reuters: Nigeria names preferred bids for state power firms

The following report, written by Joe Brock and Camillus Eboh, was published on October 16, 2012: ABUJA, Oct 16 (Reuters) - Nigeria announced the preferred bidders on Tuesday for 10 state power distribution firms it is selling for 197.25 billion naira ($1.25 billion) as part of a plan to reform the country's moribund electricity sector. Power outages, which amount to several hours per day, are the biggest brake on growth in Africa's second biggest economy and a frequent complaint of Nigeria's 160 million people. In 2010, President Goodluck Jonathan announced plans to break up the state power company and sell it off as 11 distribution and six generation companies. He has promised a tenfold increase in electricity by 2020. Previous state sell-offs in Nigeria were blighted by political infighting and corruption, which have caused years of delays. Regulators said this process …