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DisCos Say Without Subsidy, Most Nigerians Can’t Afford Cost of Electricity

DisCos Say Without Subsidy, Most Nigerians Can’t Afford Cost of Electricity   The Association of Electricity Distributors of Nigeria (ANED) has said that without electricity subsidy, most Nigerians will not be able to afford the actual cost of power supplied them. This was even as it said...

Discos Lose N97bn To Energy Theft, Others In Three Months

Discos Lose N97bn To Energy Theft, Others In Three Months   Electricity distribution companies have said a total of N97bn was lost in the first quarter of this year to energy theft, capping of estimated billing and other factors. The Association of Nigerian Electricity Distributors, the umbrella...

In Nine Months, Electricity Consumers Paid N362bn – Discos

In Nine Months, Electricity Consumers Paid N362bn - Discos         Electricity consumers paid N362bn out of the N520bn billed them by the distribution companies in the country from January to September last year, a new report by the Discos has shown. The Association of Nigerian Electricity Distributors,...

Electricity Consumers Paid N1.27trn In Three Years – DisCos

Electricity Consumers Paid N1.27trn In Three Years - DisCos         Electricity distribution companies collected a total of N1.27tn from customers in the last three years, data obtained from the Association of Nigerian Electricity Distributors (ANED) on Thursday have shown. ANED, the umbrella body for the Discos, said...

DisCos’ Revenue Collection Hit N127bn In Q1

DisCos’ Revenue Collection Hit N127bn In Q1   Power distribution companies in the country saw their revenue collection rise a record N127bn in the first three months of the year. The Association of Nigerian Electricity Distributors, which disclosed this in a document obtained by our correspondent, said...

Discos’ Revenue Collection Rises To N473bn

Discos’ Revenue Collection Rises To N473bn   The revenue collected by power distribution companies (Discos) in the county hit a new record high of N473bn in 2019. The revenue collection in 2019 rose by N35bn or eight per cent, compared to that of 2018, a report obtained...