DisCos

DisCos generate N431.16bn revenue in Q2 2024

The Nigerian Electricity Regulatory Commission (NERC) says the total revenue collected by all Electricity Distribution Companies (DisCos) in the second…

2 months ago

FG approves N21bn for DisCos to buy meters

The Federal Government has approved N21 billion for 11 electricity distribution companies (DisCos) to provide meters for customers across the…

6 months ago

Electricity tariff: Labour storms DisCos offices in Lagos, Oyo, Osun

Members of the Organised Labour, on Monday, May 13, 2024, stormed various offices of electricity distribution companies (DisCos) to protest…

7 months ago

DisCos reduce electricity tariff for Band A customers

Electricity Distribution Companies (DisCos) have reduced the electricity tariff for Band A feeders from N225/kwh to N206.80/kwh. The Ikeja Electricity…

8 months ago

New tariff: NERC orders DisCos to refund wrongly-billed customers

The Nigerian Electricity Regulatory Commission (NERC) has given 11 electricity distribution companies (DisCos) till April 11, 2024, to refund customers…

9 months ago

FG summons TCN, Abuja, Ibadan DisCos over poor power supply

The Federal Government has summoned the Managing Director of the Transmission Company of Nigeria (TCN), Sule Abdulazeez, over the poor…

10 months ago

Bills: NERC sanctions 11 DisCos for non-compliance

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned no fewer than 11 Electricity Distribution Companies (DisCos) for non-compliance with the…

11 months ago

Govt moves to sell 40% shares in 11 DisCos through IPO

The Federal Government has concluded plans to sell off its 40 per cent stakes in the 11 Distribution Companies (DisCos).…

1 year ago

Minister threatens to revoke DisCos, GenCos’ licence over poor performance

The Minister of Power, Adebayo Adelabu, has threatened to revoke the licences of Distribution Companies (DisCos) and Generation Companies (GenCos)…

1 year ago

Reps summon CBN, DisCos over $321m, N18.2bn loans for electricity projects

The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies…

1 year ago

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