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Discos Obey NERC, Begin 14-day Tariff Hike Suspension

Discos Obey NERC, Begin 14-day Tariff Hike Suspension       Some power distribution companies are beginning to comply with the order of the Nigerian Electricity Regulatory Commission by suspending the September 1, 2020 tariff increase. On Tuesday night, NERC issued an order suspending the hike in electricity tariffs...

Electricity: Consumers Groan As DisCos Delay Tariff Hike Reversal

Electricity: Consumers Groan As DisCos Delay Tariff Hike Reversal       Against the backdrop of the suspension by the Federal Government of the recent electricity tariff hike, electricity consumers lamented on Wednesday the delay by the distribution companies in reverting to the old rates. The Federal Government had,...

DisCos: We’ve Not Been Informed Of Tariff Hike Suspension

DisCos: We’ve Not Been Informed Of Tariff Hike Suspension         Power distribution companies said on Monday that they had not received any directive from the Nigerian Electricity Regulatory Commission on tariff suspension. The Discos are confused about the decision of the Federal Government and labour unions as...

KPMG To FG: Deduct At Source, Pay MDAs Electricity Bills Directly To DISCOs 

KPMG To FG: Deduct At Source, Pay MDAs Electricity Bills Directly To DISCOs        The Federal Government has been advised to consider a direct deduction of the electricity bills of Ministries, Departments and Agencies (MDAs) and paying them directly to the electricity Distribution Companies, DISCOs, to...

Hike: Electricity Consumers To Pay N417.09bn In Four Months

Hike: Electricity Consumers To Pay N417.09bn In Four Months       Following the recent increase in electricity tariffs, the 11 distribution companies in the country are allowed to collect a total of N417.09bn from their customers from September to December. The Discos had early this month announced what...

Tariff Increase: Discos Get 85% Collection Order

Tariff Increase: Discos Get 85% Collection Order       The Nigerian Electricity Regulatory Commission has directed power distribution companies to collect an average of about 85.84 per cent of the newly increased electricity tariffs from affected customers between September and December. It disclosed this in its latest orders...