Nigeria Electricity Regulatory Commission asks NBET to cease trading electricity
The Nigeria Electricity Regulatory Commission (NERC) has asked the Nigeria Bulk Electricity Trading (NBET) company to forthwith desist from entering ...
Tag: DISCOS
News and analysis about DISCO
FG deducts N120 billion from April revenue as first tranche of Presidential Metering Initiative funding
The Federal Government has set aside N120 billion as the first tranche of the Presidential Metering Initiative (PMI).
FG exempts GenCos, DisCos, others from payment of withholding tax nationwide
The Federal Government has categorized all electricity companies including the generation and distribution companies (GenCos and DisCos) as part of ...
DisCos announce new electricity tariff increase for Band A customers
Some of Nigeria’s electricity distribution companies (DisCos) announced the upward review of electricity tariffs for Band A customers on Wednesday. ...
World Bank plans supervision mission over Nigeria’s underperforming $500 million electricity loan project
The World Bank has announced a supervision mission next month in response to the underperformance of a $500 million loan ...
Nigeria’s metering gap widens as estimated billing customers rise by 10%
Story Highlights The Federal Government's plan to eliminate estimated billing by the end of 2024 faces significant hurdles, as the ...
Electricity supply by Discos declines by 10.3% in Q1, 2024 – NBS
The total volume of electricity supply by Discos to customers in the first quarter of 2024 declined by 10.3% from ...
NERC approves N21 billion for DisCos to meter end-user customers at zero cost
The Nigerian Electricity Regulatory Commission (NERC) announced on Friday, June 21, the approval of N21 billion for the eleven electricity ...
State Governors propose complete phasing out of electricity subsidy across Nigeria
The thirty-six State governors of Nigeria have recommended the phasing out of electricity subsidy in the country to ensure liquidity ...
States to FG: Mandate immediate ‘no-meter, no-service’ policy for new electricity connections in Nigeria
State governments have urged the federal government to enforce a "no-meter, no-service" policy for all new electricity connections in an ...
