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...
We Lose N30bn Monthly To Vandalism, Theft, Others – Discos
Electricity distribution companies have said they lose over N30bn of their monthly revenue due to cases of energy theft, meter bypass, vandalism and unpaid electricity bills by consumers.
Speaking under the aegis of the Association of...
N1.8trn Fund: We Received Only N58bn - Discos
Electricity distribution companies on Wednesday claimed that out of the N1.8tn intervention fund so far injected into the power sector, they only accessed N58bn from the Central Bank of Nigeria’s N213bn loan facility.
The Discos said the N58bn...
Discos Lose N366bn To Tariff Hike Postponement
The postponement of the electricity tariff hike shift from April to June is estimated to have cost the 11 Distribution Companies (DisCos) about N366 billion in expected revenue.
The Nigerian Electricity Regulatory Commission (NERC) which had planned to approve...
Discos Sue FG Over Business Interference
Electricity distribution companies (Discos) have dragged the Federal Government to court to restrain it from further interfering in the corporate business activities of the power firms.
According to the firms, the government, through the Nigerian Electricity Regulatory Commission and other...
