Discos record N543bn revenue loss in 12 months
The Nigerian Electricity Regulatory Commission (NERC)'s latest report shows that total billing to electricity consumers by the 11 distribution companies ...
Tag: Discos
Nigerian DisCos’ capacity up by 19% after privatisation
Nigeria's eleven electricity distribution companies, DisCos', capacity to absorb more power generated by generating companies, GenCos, grew by a mere ...
Nigerian govt concludes takeover of four DisCos
Nigeria's federal government has completed the takeover of four electricity distribution companies (DisCos) and constituted the board of the Nigeria ...
DisCos: FG frustrating power supply, refused to provide N100bn electricity subsidy
The Electricity Distribution Companies (DisCos) in Nigeria on Sunday reacted officially to the takeover/restructuring of five DisCos by the Federal ...
FG orders DisCos to resume free metre distribution
Nigeria's federal government has ordered electricity distribution companies (DisCos) to resume the Metre Assets Providers programme, recently slowed down by ...
Revenue shortfall recorded by Discos, others rises to N1.6trn
Total revenue shortfall in the Nigerian power sector has reached N1.6 trillion in eight years. This is according to Sunday ...
BREAKING: More hardship as FG approves increase in electricity tariff
The Nigerian Electricity Regulatory Commission (NERC) has approved requests by some Electricity Distribution Companies (DisCos) to increase their tariff rates. ...
FG to Nigerians: Don’t buy, repair or replace transformers, others
The Federal Competition and Consumer Protection Commission (FCCPC) has reiterated that distribution companies (DisCos), not consumers, are responsible for buying, ...
FG to DisCos: Refund Nigerians who paid for prepaid meters
The Federal Competition and Consumer Protection Commission (FCCPC) said Electricity Distributing Companies (DisCoS) should make refund to electricity consumers who ...
N200b yearly electricity subsidy to end in December – FG
The Federal Government has said it is looking at ending tariff shortfall, averaging N200 billion yearly, in the power sector ...