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DISCOS - Page 2

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

FCCPC Finds Electricity DisCos Oppressive To Nigerians Despite Huge Earnings

Despite raking in staggering amounts as revenues from customers over the years, it emerged on Monday that Electricity Distribution Companies (DisCos) operating in Nigeria’s electricity supply industry have been oppressive in their dealings with electricity consumers in the country.

October 17, 2023

Business·News

Notify DisCos Of Outstanding Bills Before Property Occupancy- EMRC

EMRC, the Energy Markets and Rates Consultants Limited, has advocated for proactive responsibility among electricity consumers, emphasizing the importance of notifying DisCos about outstanding bills before property occupancy in Nigeria’s power sector. In a statement released via their official LinkedIn page, EMRC

September 30, 2023

News·Power

NERC Unveils Power Outage Reporting App, Begins With Abuja DisCo

As part of efforts to resolve issues of power disruption the Nigerian Electricity Regulatory Commission (NERC), has launched a digital application called the Power Outage Reporting System, which enables consumers to report electricity disruptions to distribution companies. The system is to be

September 12, 2023

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business·Power

Consumers: Electricity Tariff Increase Insensitive To Plight Of Nigerians – PBA Survey Reveals

Nigerian consumers have expressed dissatisfaction with the proposed increase of electricity tariff across the country, saying it reflects the level of insensitivity of power distribution companies to the plight of the people. This was revealed in a survey of Nigerian electricity consumers,

July 10, 2023

Business

Electricity Tariff To Rise By 30%, Discos To Factor In Inflation, Rising Dollar Rate

Stakeholders in the electricity sector have revealed that the cost of electricity will increase in December, as the tariffs will rise by 25-30%. According to the Director of Energy Markets and Rates Consultants, Damilola Oluwole, soaring inflation and the depreciation of the

June 19, 2023

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

Business·Power

Electricity Consumers Accuse TCN Of ‘Hidden Agenda’ Against Aba Power

Electricity Consumers Association of Nigeria (ECAN) has accused the Transmission Company of Nigeria (TCN) of acting in bad faith by disconnecting Aba Power from the nation’s sole transmission line last Friday over N896 million it owes government agencies in the power sector.

April 27, 2023

Business

TCN Threatens Defaulting Discos, Gencos After Aba Power Clampdown

The Transmission Company of Nigeria (TCN) has threatened to fine electricity Generation Companies (GenCos), and the transmission and Distribution Companies (DisCos) for non-compliance with the market rules. TCN said it will partially or completely disconnect firms that contravene the market rules from their

April 26, 2023

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business

Calls To Sell Transmission Company of Nigeria Meant To Spread Panic – FG Counters Claim

Contrary to several media reports, the Transmission Company of Nigeria (TCN) will not be sold by the Nigerian government, a statement released on Wednesday by the Federal Government has shown. There have been claims that the Transmission Company of Nigeria (TCN) will

October 12, 2022

Business

Nigerian Gov’t Lashes Out At Investors Over Failing Electricity Companies

The Director-General of government agency, Bureau of Public Enterprises (BPE), Alex Okoh, has criticised comments by the sacked owners of Benin, Kano, Kaduna and Ibadan Distribution Companies (DisCos). Last week, Fidelity Bank had moved to retrieve its loan obtained by the former

July 11, 2022

Business·News

Full List: Fidelity Bank Takes Over Kano, Kaduna, Benin DisCos, Appoints New Board Members

Fidelity Bank has taken over three electricity distribution companies (DisCos) in Kano, Benin and Kaduna, and changed the management of the firms over debt. The company temporary takeover will result into a sell off of the shares to private investors, a statement

July 6, 2022

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DISCOS - Page 2

FCCPC Finds Electricity DisCos Oppressive To Nigerians Despite Huge Earnings

Notify DisCos Of Outstanding Bills Before Property Occupancy- EMRC

NERC Unveils Power Outage Reporting App, Begins With Abuja DisCo

Consumers: Electricity Tariff Increase Insensitive To Plight Of Nigerians – PBA Survey Reveals

Electricity Tariff To Rise By 30%, Discos To Factor In Inflation, Rising Dollar Rate

Electricity Consumers Accuse TCN Of ‘Hidden Agenda’ Against Aba Power

TCN Threatens Defaulting Discos, Gencos After Aba Power Clampdown

Calls To Sell Transmission Company of Nigeria Meant To Spread Panic – FG Counters Claim

Nigerian Gov’t Lashes Out At Investors Over Failing Electricity Companies

Full List: Fidelity Bank Takes Over Kano, Kaduna, Benin DisCos, Appoints New Board Members

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