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DISCOS

News and analysis about DISCO

Ali Bukar Ahmad, the General Manager of Regulation and Compliance at the Transmission Company of Nigeria (TCN), stated that out of an estimated population of 230 million, only 13,112,134 Nigerians are officially registered to use electricity. 
The federal government has threatened to revoke the licenses of power distribution companies (DisCos) over the incessant power shortage nationwide.  
FCCPC has stated that the major complaints of electricity consumers against distribution companies (Discos) were problems relating to over-billing, disregard for metering, community transformer problems and others.  
The Power Consumer Assistance Fund (PCAF) established under the repealed Electric Power Sector Reform Act, of 2005 is...
The Nigerian Electricity Regulatory Commission (NERC) is considering increasing the price of prepaid meters once again.
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed support for the decision of the Nigerian Electricity...
The Nigerian Electricity Regulatory Commission, NERC, has issued a fine of N10.5 billion to be paid by all eleven Electricity Distribution Companies (DisCos) for their non-compliance with the mandated capping of estimated billing for unmetered customers across the country. 
Mr. Sanusi Garba, announced on Wednesday during a press conference in Abuja that the Federal Government remains committed to subsidizing electricity to alleviate the financial challenges faced by Nigerians due to economic difficulties in the country. 
DisCos average energy offtake rose by a mere 0.08% in Q3/2023.
The Bureau of Public Enterprises (BPE) has disclosed plans to sell off the remaining 40% shares of the Federal Government in electricity distribution companies (discos) and four other assets in 2024. 
Nigeria's Minister for Power, Adebayo Adelabu has said the Zungeru hydropower plant is 99.8% ready for operations.
Nigeria's government is contemplating the transfer of its ownership in 11 power distribution companies (DISCOs) to state governments.