Discos: We Need N8.7bn To Meet NERC’s Order     Power distribution companies on Wednesday announced that they would require N8.7bn in order to comply with the revenue remittance order set by the Nigerian Electricity Regulatory Commission. The power firms urged the National Assembly to intervene in the...

DisCos Commend FG On Power Sector Loan   The power Distribution Companies (DisCos) have lauded the federal government on the move to get a $3 billion (about N1.1 trillion) loan from the World Bank to fix the power sector liquidity crisis. Executive Director of the Association of...

Discos Map Out N935bn Investment Plans Power distribution companies are set to invest N935bn in their networks as calls for the recapitalisation of Discos heighten. A total of N935bn is to be invested in power distribution networks across the country by electricity distributors following persistent calls...

TCN May Sue NERC For Transferring 132kV Customers To Discos   The Transmission Company of Nigeria (TCN) has disclosed that it may institute a legal action against the Nigerian Electricity Regulatory Commission (NERC) for ceding electricity consumers on the 132 kilovolt (kV) power line to electricity...

FG May Revoke Abuja, Seven Discos’ Licences   The Federal Government may cancel the licences of eight power distribution companies as the Discos breached some provisions of the Electric Power Sector Reform Act in July 2019. According to the Nigerian Electricity Regulatory Commission, the eight power firms...

NERC Commences Fresh Review Of Electricity Tariff For TCN, 11 DisCos   The Nigerian Electricity Regulatory Commission, NERC, has issued a notice on its intent to start a fresh extraordinary tariff review for the Transmission Company of Nigeria (TCN) and the 11 Distribution Companies (DisCos). In...