The Nigerian Electricity Regulatory Commission (NERC) has reported a decline in the revenue collection efficiency of Distribution Companies (DisCos) for the third quarter of 2024.
The Nigerian Electricity Regulatory Commission (NERC) has asked electricity distribution companies (DisCos) to ensure Band A customers receive the required 20 hours of daily power supply.
The Nigerian Electricity Regulatory Commission (NERC) has directed distribution companies (DisCos) to replace obsolete meters for their customers at no cost.
The recent national grid collapse in the past week resulted in widespread power outages across Nigeria, significantly affecting Band A customers who previously enjoyed a minimum of 20 hours of electricity supply.
The national grid has collapsed once again on Thursday, plunging the country into widespread darkness.
Ekiti State, in South West Nigeria, has issued licenses to three electricity distribution companies (DisCos), four generation companies (GensCos), and two mini-grid generation companies as part of its plans to implement an off-grid electricity supply system.
The federal government, through the National Orientation Agency (NOA) has attributed the frequent collapse of the national grid which results in nationwide blackouts to the inability of electricity distribution companies (DisCos) to take power generated.
Electricity Distribution Companies (DisCos) in Nigeria have announced revised prices for various electricity meter models, marking the second price hike in four months.
The national grid has collapsed once more, throwing the country into yet another blackout.
Electricity distribution companies across Nigeria collected N168.7 billion in revenues in August 2024, achieving a collection efficiency rate of 80.91%.
The Federal Competition and Consumer Protection Commission (FCCPC) has assured consumers that they will not bear the financial burden of replacing Unistar prepaid meters as Ikeja Electric Plc and other electricity distribution companies (DisCos) begin phasing out outdated devices.
The national grid has collapsed for the third time in less than a week, plunging the nation into a major blackout.