The immediate past Minister of Power, Adebayo Adelabu, has called for sustained commitment and continuity in ongoing reforms in the…
Browsing: DisCos
The House of Representatives has directed 11 electricity distribution companies (DISCOs) to refund ₦55.42 billion obtained under the National Mass…
Due to the poor state of Nigeria’s power sector, the Federal Government has announced that it is working with the…
The Federal Government of Nigeria has launched a major initiative to overhaul the country’s electricity distribution sector, starting with a pilot reform of two underperforming Distribution Companies (DisCos).
Nigerian Electricity Distribution Companies (DisCos) recorded the sum of N431.16 billion as revenues from customers in Q2 2024, reflecting a collection…
Under thenew directive by NERC, DisCos are now required to establish direct contracts with power Generation Companies GenCos, bypassing the government-owned Nigerian Bulk Electricity Trading Company (NBET).
The Nigerian Electricity Regulatory Commission (NERC)has threatened sanctions against electricity distribution companies or DisCos if they failed to take up at least 95 per cent of the total monthly energy allocated for distribution.
“Dear esteemed customers, Please be informed that there is an upward tariff review for our Band A feeders from N206.80/kWh to N209.5/kwh effective 1st July 2024. The guaranteed availability of a minimum of 20 hrs per day still stands.
According to the breakdown, Ikeja Electric has highest share with N4.36 billion, followed by Abuja DisCo, N2.99 billion; Eko DisCo, N2.92 billion; Ibadan DisCo, N2.51 billion; Enugu DisCo, N1.72 billion; and Benin DisCo, N1.57 billion.
The Nigerian Bar Association (NBA), Ikeja Branch, has given the Federal Government and Electricity Distribution Companies (Discos) a seven-day ultimatum…