Discos Revenue Collection Increases To N466bn   The collection of revenue from users of electricity across the country by power distribution companies has increased to N466bn, the Association of Nigerian Electricity Distributors announced on Tuesday. ANED said Discos had raised electricity revenue collection by N43bn in the...

Benin, Discos, Others Owe NBET N136.15bn   Nigeria’s 11 power distribution companies, Ajaokuta Steel Company Limited and the power firms of the Republics of Benin and Niger failed to pay a combined total of N136.15bn to the Nigerian Bulk Electricity Trading company in the second quarter...

Licence Threat: NERC Keeps Mum As Discos’ Deadline Expires   The deadline issued by the Nigerian Electricity Regulatory Commission mandating the electricity distributors to comply with some industry requirements or have their licences cancelled has expired. However, the power sector regulator has remained mute since the expiration...

DisCos Lost N931bn In 4 Years – PwC   Electricity distribution companies in the country posted a total loss of N931bn from 2014 to 2017, PwC Nigeria has said. Partner and Chief Economist, PwC Nigeria, Dr Andrew Nevin, said the Discos had continued to report losses, adding...

Discos Reject 8,848MW Of Electricity In A Week   Power distribution companies in the country left a total of 8,848.24 megawatts of electricity unused in one week, latest data from the Transmission Company of Nigeria have shown. The amount of power unutilised by the 11 Discos stood...

Strike: Discos, Gencos Keep Mute As FG Officials Meet   Officials of the Federal Ministry of Power on Wednesday held a meeting to discuss the way forward on the 21-day strike notice issued by the National Union of Electricity Employees to the Federal Government and power...