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...

Electricity Tariff Hike To Wait As Gbajabiamila, Lawan Intervene     The 100 per cent hike in electricity tariff slated to commence Wednesday has been put on hold. This follows the National Assembly leadership’s intervention at a meeting with the Electricity Distribution Companies (DisCos), the National Electricity Regulatory...

DisCos Decry Attempt By NERC To Dissociate From Increase In Electrify Tariff     The Electricity Distribution Companies (DisCos), have decried the attempt by the Nigerian Electricity Regulatory Commission (NERC), to distance itself from the July 1 commencement of increase in electricity tariff from July 1. The position...