FG Says Discos Failed To Remit N208bn In 2022   Power distribution companies failed to remit a total of N208.8bn to the Nigeria Electricity Supply Industry in 2022, the Federal Government has said. Figures obtained on Sunday from the latest Fourth Quarter 2022 Report of the Nigerian...

Debt: FG Disconnects Discos From National Grid   Millions of electricity consumers may be plunged into darkness in the coming weeks as the Federal Government via the Transmission Company of Nigeria and the Market Operator have begun a massive disconnection of debtor electricity distribution companies (DisCos)...

DisCos Raked In N202.62bn Revenue In Q3, 2022   The National Bureau of Statistics (NBS) said the 11 electricity Distribution Companies (DisCos) collected N202.62 billion revenue in the third quarter of 2021 (Q3 2021). It rose by 7.54 per cent from the N188.11 billion collected in the...

FG: Discos Reject 408MW Excess Power Power distribution companies have stepped up the quantum of electricity load allocation that they receive and distribute to consumers across the country, as the latest data from the Federal Government showed a reduction in the amount of unutilised energy...

Electricity Consumers Decry Increase In Tariff   Electricity consumers in the Federal Capital Territory (FCT), have decried the increase in tariff by the Electricity Distribution Companies (DisCOs). According to them, the increase is unjustifiable. The consumers, who spoke to Economic Confidential in Abuja yesterday, said that DisCos...

Discos Unable to Utilise 1,070.36MW in one week, Says FG The Federal Government says power distribution companies failed to utilise a total of 1,070.36 megawatts of electricity in a week of blackout being witnessed across the country. Latest power utilisation data obtained from the Transmission Company...