Electricity: Discos record 85.8% revenue collection efficiency in February
The revenue collection efficiency of 11 electricity distribution companies (Discos) reached 85.82% in February 2024, according to a report by ...
Tag: electricity DisCos
NERC adopts FX rate of N1463.3/$ in calculating new electricity tariff in 2024
The Nigerian Electricity Regulatory Commission (NERC) has applied an exchange rate of N1463.3/$ in calculating the new electricity tariff for ...
Electricity Discos revenue increased by 13.37% to N294.95 billion in Q4, 2023
In the fourth quarter of 2023, electricity distribution companies generated N294.95 billion in revenues- an increase of 13.37% from the ...
Nigeria’s electricity DisCos lose over N2.9 billion to 14-hour strike action
DisCos lost an estimated N2.94 billion in revenues following the 14-hour-long strike action embarked on by Labour Unions.
