Discos Deny Getting Subsidy From FG   Electricity distribution companies, under the aegis of Association of National Electricity Distributors (ANED), has said they had not received any subsidy from the Federal Government since the privatisation of the power sector. The Discos’s claim was a response to Power...

ANED: 10 Power Discos Earned N466bn In 9 Months   The Association of Nigerian Electricity Distributors (ANED) – the umbrella trade association of 10 electricity distribution companies (Discos) in Nigeria – has said its members earned N466 billion in nine months. The period under review was between...

Discos Revenue Collection Increases To N466bn   The collection of revenue from users of electricity across the country by power distribution companies has increased to N466bn, the Association of Nigerian Electricity Distributors announced on Tuesday. ANED said Discos had raised electricity revenue collection by N43bn in the...

Focus On N435.7bn Under-Recovery, Discos Tell NERC The Association of Nigerian Electricity Distributors has asked the Nigerian Electricity Regulatory Commission to focus on the N435.7bn under-recovery by electricity operators in the country rather than being distracted by the activities of the body. In a statement made...

DISCOs Oppose TCN Managing FG’s N72bn Investment Operators of the electricity distribution companies (Discos) in Nigeria’s power sector have opposed the federal government’s selection of the Transmission Company of Nigeria (TCN) to manage the N72 billion financial investment it intends to put in the Discos’...

Yola Disco, 2 Power Plants for Sale The federal government will re-sell the Yola Electricity Distribution Company (Disco), which was returned to it in 2015 by a core investor because of the Boko Haram insurgency, and two additional gas-fired power generation plants. This development is coming...