NIGERIA: CBN Disburses Intervention Fund to DisCos

CBN has begun the disbursement of ₦120 billion CAPEX intervention The CBN has disbursed ₦3.6 billion…

NIGERIA: DisCos Result to Load Shedding as Power Generation Dips

Generation dips below 3,000MW DisCos implementing Load Shedding TCN blames poor gas supply The Transmission Company…

DisCos Records Collections Efficiency of 66.5% in 2020

The 11 Electricity Distribution Companies (DisCos) recorded a shortfall of ₦273.42 billion in 2020 IkejaDisCo recorded…

DisCos Blame Blackouts on Load Shedding

Ikeja Electric and Eko Electricity DisCos blame the recent power shortages in Lagos on TCN load…

NERC Directs DisCos to Replace Obsolete Meters

NERC urges DisCos to replace of old meters 3 million meters are obsolete and require replacements…

DisCos Owe ₦416.94 billion

NBET has said the DisCos owe a total of ₦419 billion This is for the period…

Meter Sales – FG to Sanction DisCos

  The Federal Government has vowed to sanction DisCos who sell meters to consumers The statement…

DisCos Engages TUC, NLC on Electricity Tariff

A delegation of the FG, TUC, NLC and FG met yesterday The meeting was hosted by…

Disconnect Customers Who Reject Meters – NERC to DisCos

NERC orders DisCos to disconnect customers who reject meters Chairman James Momoh made this known yesterday…

House of Representatives Calls for Overhaul of Nigeria’s Electricity Distribution Companies

The House of Representatives has called for a comprehensive overhaul of Nigeria’s electricity distribution companies (DISCOs).…