FG to allocate $800 million for construction of new Substations, distribution networks across Nigeria
The Federal Government has stated that $800 million will soon be released for the construction of new substations and distribution ...
Tag: DISCOS
News and analysis about DISCO
FG signs agreement with 3 Chinese firms to supply 1.4 million electricity meters
The Federal government through the Bureau of Public Enterprise (BPE) has put pen to paper with three Chinese firms to ...
Nigerians struggle with estimated billing as meter price nears N250,000
The Nigerian Electricity Regulatory Commission’s (NERC) move to deregulate Meter Asset Providers (MAP) was hailed as the much-needed solution to ...
Nigeria’s electricity generation falls by 901 Gigawatts-hour in Q1, 2024 – NERC
In the first quarter of the year, Nigeria’s total electricity generation dropped by 901.94 GWh compared to the previous quarter ...
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 ...
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 ...
