TCN Vows To Push For Discos’ Recapitalisation   Power distribution companies must be recapitalised for Nigeria’s power industry to work and the Transmission Company of Nigeria has vowed to push for the Discos’ recapitalisation this year. Speaking on some of the company’s targets for 2020 in the...

NERC Releases Minimum Remittance Payable By Discos   The Nigerian Electricity Regulatory Commission has released a new minimum market remittance threshold payable by the 11 power distribution companies operating across the country. Power distributors are the revenue collection agents of the sector, as they collect electricity tariffs...

Discos’ Yearly Revenue Collection Hits N466bn   Power distribution companies have set a new record of N466bn in their yearly revenue collection, the Association of Nigerian Electricity Distributors has said. ANED, which is the umbrella body for all the Discos, said the revenue collection rose by 10...

FG To Discos: End Cash Payment On Electricity Bills   The Federal Government has ordered power distribution companies to migrate to cashless settlement platforms with respect to the collection of electricity bills from residential, industrial and commercial customers. It stated that beginning from January 2, 2020, the...

Discos Make 100% Remittance As TCN Enforces Rules   The enforcement of electricity market rules by the Market Operations arm of the Transmission Company of Nigeria has compelled power distributors to remit 100 per cent of the invoice issued them by the MO. This came as workers...

In Six Months, Electricity Consumers Lodge 297,897 Complaints   The number of complaints received by electricity distribution companies in the country from consumers rose to 297,897 in the first half of this year, compared to the 262,098 complaints lodged in H1 2018, data obtained from the...