NERC explains conditions for purchase of transformers, meters, others
If a consumer buys any electricity asset, he/she has to sign an agreement with the DisCos stating when and how ...
Tag: Electricity distribution companies
FG completes takeover of Kaduna, Kano, Ibadan and Port Harcourt DISCOs
The FG has completed the takeover of struggling distribution companies, including Kaduna, Kano, Ibadan and Port Harcourt DISCOs
Benin DisCo says forceful takeover causing company monthly loss of N750 million
The restructuring and forceful take-over of the Benin Electricity Distribution Company (BEDC) Plc has led to a monthly loss of ...
Nigerian DisCos generate N761.2 billion revenue in 2021, metered customers hit 4.8 million
Electricity distribution companies (DisCos) in Nigeria generated a sum of N761.2 billion as revenue in 2021.
Electricity distribution companies accuse FG of shortchanging power firms
Electricity Distribution Companies (Discos) have slammed the Federal Government over the recent takeover/restructuring of 5 distribution companies...
Power: CBN says it has disbursed N47.66 billion to acquire 858,026 meters
The Central Bank of Nigeria (CBN) reported that it has so far disbursed the sum of N47.66 billion to Electricity ...
DisCos market receipts for June stood at N26.811 billion – NBET
The Nigerian Bulk Electricity Trading (NBET), has reported that Electricity Distribution Companies (DisCos) had market receipts of N26.811 billion for ...
Buhari stops estimated billings as he directs mass metering of electricity consumers
NERC said President Buhari remains committed to protecting Nigerians arbitrary/estimated billings.
President Buhari reportedly approves electricity tariff increase from September 1st 2020
Electricity Tariff hike is set to go live on September 1, 2020.
DisCos consider offering consumers free electricity for 2 months
DisCos have expressed their willingness to align with the proposal of the National Assembly that Nigerians should get free power ...
