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All the major economic news from Nigeria in 5 minutes – 28/6/2017
Summary of the top business, economic and political news in Nigeria today. The African Development Bank (AfDB) has called ...
Tag: DISCOS
News and analysis about DISCO
All the major economic news from Nigeria in 5 minutes – 21/6/2017
Summary of the top business, economic and political news in Nigeria today. The Central Bank of Nigeria, CBN, yesterday, ...
NERC says like CBN, it has powers to sack board of DisCos
The Nigerian Electricity Regulatory Commission (NERC) through its commissioner for Engineering, Professor Frank Okafor has said that it is considering ...
Are Gencos generating more debt than power?
The Nigerian electricity industry has been under a lot of pressure. Gas supply is low and power generation has been ...
Federal Government Stops Advance Payment For Meters
The Federal Government has given marching order to electricity Distribution Companies (DISCOs) to henceforth stop the practice of collecting money ...
NERC Explains Why Electricity Output Is On The Decline
Nigerian Electricity Regulatory Commission (NERC) has announced that the power grid dropped more than 40% from its record breaking 5000mw ...
Nigeria’s Failing Power Sector Can Be Saved By These Steps (Part 1)
A heat wave has swept through Lagos recently, which is usual for this time of the year. What is unusual ...
CBN Will Release N213 Billion Intervention Fund To DISCOs And GENCOs
The Central Bank of Nigeria (CBN), has resolved to intervene in the power sector owing to complaints from power distribution companies. ...
The Problems Of Nigeria’s Electricity Market, Summarised In One Post
Agusto, the Nigerian research and ratings company, has helped to shed some light on the challenges faced in the Nigerian ...
FG to Deduct Electricity Debt Owed By MDAs From Source In Bid To Save Discos
The Federal Government has started deducting electricity bills owed by Ministrties, Departments, and Agencies (MDAs) to electricity distribution companies (Discos) ...
