In Nine Months DisCos Overbill 7. 1 million Unmetered Customers Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory Interventions for Non-Compliance with the Order...

Nigeria Grapples Seven million Metering Gap As Nigeria battles perennial shortage in electricity supply, bringing millions of its consumers under a more accountable, transparent metering system has remained even a more herculean task over the years. The government and the power distribution companies (DisCos) have also...

FG Spends Over N5trn To Cover Electricity Subsidy In 10 Years   The federal government’s effort to subsidise electricity tariff for Nigerians has seen it cough out over N5 trillion in the last 10 years amounting to over 664 per cent growth, data from the Nigerian...

DisCos Now Granted Access to Buy Electricity Directly From Producers Power distribution companies (DisCos) in Nigeria have been given the green light by the regulator to buy electricity directly from producers of the commodity after over 10 years of relying on an intermediary called the...

FG Begins Probe as TCN Disconnects Ajaokuta Over N33bn Electricity Debt The Federal Government on Thursday said it would investigate how the non-functioning Ajaokuta Steel Company Limited accrued N33bn in electricity debt which prompted the Transmission Company of Nigeria to disconnect the company from the...

Military To Spend N5.8bn On Electricity Charges, Despite Payment Default   The three branches of armed forces have proposed to spend N5,817,782,952 in 2024 to pay electricity charges. The amount is despite the military fingered among the government agencies that occasionally owed the Distribution Companies debt which...