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...
Capped Tariff Costing DisCos N14bn Monthly
The power sector is denied N13.9bn revenue monthly as a result of the capping on estimated electricity bills by the Nigerian Electricity Regulatory Commission, power distribution companies stated on Thursday.
Electricity distribution companies are the revenue collection outfits of Nigeria’s...
Power Crisis: Reps, BPE Differ On Discos, Gencos’ Performance
The House of Representatives and the Bureau of Public Enterprises have differed on the performance of generation and distribution companies after the privatisation of the power sector by the Federal Government.
While the BPE said the privatisation...
DisCos Want CBN Loans, Acquisition Debts Restructured
More than six and a half years after the nation’s power distribution and generation companies were privatised, the core investors in the Discos are looking to restructure the loans advanced to them by banks for the acquisition of...
NASS, Discos Ask FG To Subsidise Electricity Consumption
The National Assembly and electricity distribution companies have asked the Federal Government to subsidise eletricity consumption.
The Discos had on Monday told the National Assembly leadership that the only condition to halt tariff hike was for the Federal...
