Discos, Gencos Deny Knowledge Of FG’s N200bn Payment   Power generation and distribution companies on Thursday said they were unaware of any N200bn that was paid to the power sector by the Federal Government in the past three days. Group Managing Director, Nigerian National Petroleum Corporation, Mele...

FG, NASS To Pay For Two-month ‘Free Electricity’ – Discos     Power distribution companies on Thursday said that the two-month free electricity to customers announced on Wednesday would be paid for by the National Assembly and the Federal Government. Speaking through their umbrella body, the Association of...

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 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   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   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...