DisCos Collected N442.6bn In 2018, Says NERC       The Nigerian Electricity Regulatory Commission (NERC) said the 11 Distribution Companies (DisCos) collected N442.6 billion in 2018. It was learnt at the weekend from a document which our correspondent obtained in Abuja: “The total billing to electricity consumers by...

Discos’ Debt To NBET Rises To N173bn     Power distribution companies in the country failed to remit a total of N173.35bn to the Nigerian Bulk Electricity Trading Plc for the electricity sold to them in the first four months of this year. The government-owned NBET buys electricity...

Experts Support FG, W/Bank On DisCos’ Audit Before $500m Loan   Experts in the Nigerian Electricity Supply Industry (NESI) have backed the plan of the federal government and the World Bank to run a forensic audit on power Distribution Companies (DisCos) before they could access a...

DisCos’ Revenue Collection Hit N127bn In Q1   Power distribution companies in the country saw their revenue collection rise a record N127bn in the first three months of the year. The Association of Nigerian Electricity Distributors, which disclosed this in a document obtained by our correspondent, said...

DisCos Ask FG To Provide N400bn For Metering     The power distribution companies in the country have called on the Federal Government to provide N400bn through commercial banks towards bridging the huge metering gap in the Nigerian electricity supply industry. The Discos said the implementation of the...

Nigeria Can’t Grow With Generator-driven Economy, Says MAN     The Manufacturers Association of Nigeria has said the Nigerian economy cannot grow if industries continue to rely on electricity generators for power supply. The Chairman, Rivers/Bayelsa States Branch of MAN, Senator Adawari Pepple, explained that an economy that...