MDA’s Debt to DisCos Intensifies Financial Stability for the Power Sector

DisCos owes NBET ₦500 billion in debt. MDA’s enjoy continuous electricity despite huge debts Ministries, Departments…

NIGERIA: Stakeholder Call for Recapitalisation of DisCos

Stakeholder call for recapitalisation of DisCos Calls for unbundling of the current DisCos to one per…

NIGERIA: 10 DisCos Record ₦2 Trillion Losses Between 2013 and 2019

  10 DisCos record ₦2 trillion losses Losses recorded between 2013 and 2019 PHEDC fails to…

NIGERIA: Experts Decry Rising MDA Debt to DisCos

  Experts decry MDA debt Say government is killing the business of electricity supply Experts in…

NIGERIA: FG Audits Electricity Bills From DisCos

  FG, DisCos reconcile electricity bills FG to set up a structure for repayment of arrears…

NIGERIA: DisCos Refute Claims on Load Rejection

DisCos refute claims on load rejection Allege discrepancies in TCN and DisCos data Say there is…

NIGERIA: DisCos Reject Load Despite Availability

DisCos reject load despite load availability 4,219.31MW load rejected in the third week of May Load…

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…