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TCN, Discos Hindering 4,000MW Generation Daily – Gencos

TCN, Discos Hindering 4,000MW Generation Daily - Gencos       The quantum of electricity generated in Nigeria is rejected or forced to be reduced by an average of 4,210 megawatts daily due to transmission and distribution constraints, power generation companies said on Monday. In a document obtained in...

Electricity Consumers Paid N1.27trn In Three Years – DisCos

Electricity Consumers Paid N1.27trn In Three Years - DisCos         Electricity distribution companies collected a total of N1.27tn from customers in the last three years, data obtained from the Association of Nigerian Electricity Distributors (ANED) on Thursday have shown. ANED, the umbrella body for the Discos, said...

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...