The Nigerian government is strategizing to establish smaller electricity distribution companies (DisCos) as it perceives existing…
Search Results for: DisCo
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)…
TCN Disconnects Ajaokuta Steel from Grid Due to N33bn Debt
The Transmission Company of Nigeria (TCN) has disconnected Ajaokuta Steel Company Limited (ASCL) from the national…
IPR Energy Discovers Oil in Egypt
US-based IPR Energy Group (IPR) has discovered oil with its West AY-1X exploration well onshore Egypt.…
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)…
Invictus Energy Discovers Gas in Zimbabwe
Australia’s Invictus Energy has confirmed a gas discovery at its exploration site in the Cabora Bassa…
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…