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DisCos Lose 30% of Nine Months’ Revenue to Unpaid Bill

DisCos Lose 30% of Nine Months’ Revenue to Unpaid Bill

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The Association of Nigerian Electricity Distributors (ANED) said that electricity consumers in the country paid N362bn out of the N520bn billed them from January...
Consumers to Get Refund for Meter Payment, NERC Assures

NERC Orders Discos to Disconnect Customers Rejecting Prepaid Meters

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The Nigerian Electricity Regulatory Commission (NERC) has ordered power distribution companies (DisCos) to start disconnecting electricity consumers who reject meters. The NERC made this known...
Nigeria Moving Closer to Full Utilisation of Gas Potential – Buhari

FG Vows to Take Tough Measures Against DisCos, Agents Selling Prepaid...

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The Federal Government reiterated its resolve to mete stiff measures to any of the power distribution companies (DisCos) or their agents selling prepaid meters...
DisCos Lose 30% of Nine Months’ Revenue to Unpaid Bill

Discos Lambasts TCN, Saying No Significant Improvement Power Supply Since 2015

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The umbrella body for electricity distribution firms in Nigeria, Association of Electricity Distributors (DisCos) has alleged that there has been no significant improvement in...
Electricity Operators Failed Nigerians – House of Reps - Orient Energy Review

Electricity Operators Failed Nigerians – Lawmakers Declare!

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The House of Representatives on Wednesday bemoaned the power gridlock Nigeria is faced with, stating that the power generation companies (GenCos) and the distribution companies...
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N190bn Electricity Debt: NDPHC Mutes Idea of Selling Direct to Consumers

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Nigeria may adopt the policy of selling electricity straight to eligible customers without passing through the Nigerian Bulk Electricity Trading Plc if a suggestion...
NLNG Inaugurates New Board

FG Directs Ministries, BPE to conclude Siemens Electricity Deal

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The Federal Government has directed the Ministries of Power, Finance, and the Bureau of Public Enterprise (BPE) to conclude the pre-engineering and concessionary financing...

Power Sector Power-Play Consumes TCN MD

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…it would reposition & improve power sector performance, says minister   …SSAEAC Union silent on strike threat. Poor management of the face-off between the Senior Staff Association...

Nigeria Can’t Continue To Subsidise Power – Minister

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The Federal Government said on Wednesday that it would not continue to give subsidy to the power sector. It called on Distribution Companies in the...
Consumers to Get Refund for Meter Payment, NERC Assures

NERC orders 11 DisCos to complete customers’ survey in 42 days

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The Nigerian Electricity Regulatory Commission (NERC) has instructed all the power Distribution Companies (DisCos) in the country to complete the listing of their customers...

Discos Huge Indebtedness Stifling GENCOs, APGC cries out

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Oge Obi The Association of Power Generation Companies (APGC) has said that discos continuous failure in their monthly remittances to the NBET is badly hurting...
Global Energy Transition Program to Gulp $1trn Investment in Metals Over 15yrs

Discos Renewable Energy Firms Sign MoU on Mini-Grids

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Power distribution companies are entering into partnerships with renewable energy firms for the development of mini-grids to boost the supply of electricity in Nigeria. According...
Nigerian Government grants Discos $106m loan for the supply of meters

Nigerian Government grants Discos $106m loan for the supply of meters

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The Federal Government of Nigeria has approved a N39 billion ($106 million) loan facility to Electricity Distribution Companies (DISCOs) for the supply of meters,...

Discos blame different exchange rates for liquidity gap in the power...

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Electricity Distribution Companies in Nigeria (Discos) have attributed the current liquidity situation in the power sector to poor payments made by consumers for electricity...