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Discos Offer Customers Two-month Free Electricity

Discos Offer Customers Two-month Free Electricity   Power distribution companies on Wednesday announced that they were in support of the proposal by the National Assembly and the Federal Executive arm of government that Nigerians should get two months of free electricity. Speaking through their umbrella body, the...

Power Outage Persists As Discos Reject 17,657MW

Power Outage Persists As Discos Reject 17,657MW   Power generation on the national grid wobbled continuously in February as electricity distribution companies rejected a total of 17,657.19 megawatts of energy allocated to them by the Transmission Company of Nigeria between February 3 and February 23. Latest industry...

Discos’ Revenue Collection Rises To N473bn

Discos’ Revenue Collection Rises To N473bn   The revenue collected by power distribution companies (Discos) in the county hit a new record high of N473bn in 2019. The revenue collection in 2019 rose by N35bn or eight per cent, compared to that of 2018, a report obtained...

Discos Deny Getting Subsidy From FG

Discos Deny Getting Subsidy From FG   Electricity distribution companies, under the aegis of Association of National Electricity Distributors (ANED), has said they had not received any subsidy from the Federal Government since the privatisation of the power sector. The Discos’s claim was a response to Power...

NERC Places Limits On Discos’ Estimated Billing

NERC Places Limits On Discos’ Estimated Billing   The Nigerian Electricity Regulatory Commission has placed limits on estimated bills that can be issued by electricity distribution companies to unmetered customers. It said it had cancelled the Estimated Billing Methodology Regulation as a basis for computing the consumption...

Electricity: FG Threatens Discos, Says Subsidy Can’t Continue

Electricity: FG Threatens Discos, Says Subsidy Can’t Continue   The Federal Government said on Wednesday that it would not continue to subsidise the power sector. It called on power distribution companies to improve on their financial and technical capacities to deliver or the government would intervene more...