DisCos Generate N1.3trn From Electricity Bills In 23 Months   An estimated 12.792 million registered consumers paid at least N1.367 trillion as charges for power supply to them by the 11 Distribution Companies (DisCos) within 23 months – from November 2020 to September 2022. According to an...

After Several Grid Collapse, FG Promise Stable Power in 2023 Although there were some wins recorded in the country’s energy sector in the year that is winding down, however, it was characterised by a lot of setbacks. Some of the happenings in the year would...

Grid collapse: TCN seeks Gencos, Discos support to Improve Power Generation The Transmission Company of Nigeria has requested power generation and distribution companies to improve their performance in delivering electricity to the country in order to prevent repeated grid collapses.  It, therefore, asked the Gencos and...

Power Sector Loses N420bn Annual Revenue – Gencos The monthly shortfall in revenue remittances to the power sector stands at N35bn, the Executive Secretary of the Association of Power Generation Companies, Joy Ogaji, said on Thursday. This amounts to N420bn yearly. APGC is the umbrella body...

FG Says Discos Fail to Utilise 1,936MW Despite Power Generation Effort The latest data on the daily Discos load summary from the Federal Ministry of Power, shows that the 11 power distribution companies in Nigeria did not utilise a total of 1,936.26 megawatts of electricity...

In 12 Months, Discos Suffered N543bn Revenue Loss   The latest report by the Nigerian Electricity Regulatory Commission (NERC) shows that total billing to electricity consumers by the 11 distribution companies stands at N816bn. The report also shows that out of this amount, only N370bn has been...