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...

After Privatisation, DisCos’ Capacity Increases By 19%   The capacity of the 11 electricity distribution companies, otherwise known as the DisCos, to absorb more power generated by generating companies, GenCos, grew by a mere 18 per cent since the sector was privatised nearly nine years ago. A...

DisCos Blame FG On Failed N100bn Subsidy After Privatisation   The Association of Nigerian Electricity Distributors (ANED) has blamed the federal government for failing to provide a N100 billion fund and other promises after the 2013 privatisation to ensure the Distribution Companies (DisCos) improve services. According to...

NERC Chair: We’ll deliver over 5000MW of Power The Chairman of the Nigerian Electricity Regulatory Commission, Garba Sanusi, has state reasons why the commission’s 5,000 megawatts target is realistic and the feasibility of delivering improved power supply to electricity consumers. This was revealed in an interview...

DisCos’ Payment To GenCos Drops By 50%   Electricity distribution companies (DisCos) payment to generation companies (GenCos) for electricity generation has dropped by 50 per cent. The statistics showed that DisCos were unable to pay GenCos full payment for the quantity of power generated in January 2022. As...

FG To DisCos: Resume Free Metre Distribution   The Federal Government has given instructions to electricity distribution companies to resume the Metre Assets Providers programme, recently slowed down by the National Mass Metering Programme. Although the DisCos’ MAP has been in existence for some years, the NMMP...