Amid low power generation complaints, Nigeria’s electricity distribution companies (Discos) raised monthly revenue from N95 billion…
Search Results for: DisCos
DisCos Align as NERC Slashes Electricity Tariff to N206 per KWh
The Nigerian Electricity Regulatory Commission issued a revised tariff order covering May 2024 to eleven electricity…
DisCos’ Revenues Rose 26.96% in Q4/2023 – NBS
In the Q4/2023 Electricity report released by the National Bureau of Statistics (NBS) on April 1,…
Is the Establishment of Smaller DisCos a Solution to Blackouts in Nigeria?
The Nigerian government is strategizing to establish smaller electricity distribution companies (DisCos) as it perceives existing…
FG Threatens to Withdraw Licences of DisCos not Supplying Power
The Minister of Power, Adebayo Adelabu, yesterday, disclosed that the Federal Ministry of Power would withdraw…
NERC Issues N10.5bn Fine to DisCos for Overcharging Unmetered Consumers
The Nigerian Electricity Regulatory Commission (NERC) has sanctioned the 11 Electricity distribution companies (DisCos) for non-compliance,…
FG Permits DisCos to Purchase Electricity Directly from GenCos
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…
Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders
Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…
Reps Summon CBN, 11 DisCos Over $321m Loan
The House of Representatives Public Accounts Committee chaired by Hon Bamidele Salam (Osun-PDP) on Thursday summoned…
Most Nigerians Can’t Afford Electricity Without Subsidy –DisCos
The Association of Electricity Distributors of Nigeria (ANED) has said that most Nigerians cannot afford the actual…