Tag: DisCos
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 wrongly billed at the...
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 power supply across the...
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 capping of estimated bills...
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).
Director-General of the Bureau of...
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) over their poor performance...
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 (DisCos) over the alleged...
Minister tasks DisCos, GenCos on improved electricity
The Minister of Power, Mr Adebayo Adelabu, has urged the Generating companies (GENCOs) and the Distribution companies (DISCOs) to improve on their performance in...
DisCos approach NERC for electricity tariff increase
Electricity Distribution Companies (DisCos) in the country have approached the Nigeria Electricity Regulatory Commission (NERC) for tariff increase.
Condemnation had greeted the proposed increase in...
NLC to FG: Shelve proposed electricity tariff hike
The Nigeria Labour Congress (NLC) has called for the shelving of the proposed plan of electricity tariff hike by July 1 for the collective...
DisCos collected N247.3bn from electricity customers in 3 months
The Electricity Distribution Companies (DisCos) collected revenue of N247.33 billion from consumers in the first quarter (Q1) of 2023, according to the National Bureau...