Discos Deny Owing FG Tax Arrears After Privatisation   The power distribution companies (Discos) in Nigeria have denied owing arrears of taxes to the federal government since the power privatisation exercise ended in 2013. Their trade association – the Association of Nigerian Electricity Distributors (ANED), stressed that...

With N66bn Uncollected Revenue, FG Assures Discos Favorable Policies   The federal government has said it will initiate new policies to help electricity distribution companies (Discos) improve on their tariff collection levels. It also promised to consistently provide them with cost-reflective electricity tariff to enable the sector...

DisCos At Loggerheads With TCN Again Over Transmission Infrastructure   Electricity distribution companies under the umbrella of Association of Nigerian Electricity Distributors (ANED), yesterday, insisted that the inefficiency in electricity transmission infrastructure in the country remain a critical challenge to the level of electricity being distributed...

Discos Move To Install 6 Million Meters   The 11 power distribution companies operating in Nigeria have commenced moves to install six million meters in the residents of their respective customers between 2019 and 2022. Only 3,793,895, representing 42.9 per cent of the 8,840,801 registered electricity customers,...

Discos Reject 90% Power Allocation During Raining Season - TCN   Power distribution companies often reject about 90 per cent of the quantum of energy that is allocated to them whenever there is rainfall in their areas of operation; data obtained from the Transmission Company of...

Discos Expected To Repay N34bn CBN Loan This Year   Electricity distribution companies are expected to repay this year N34.05bn of the loan disbursed under the Central Bank of Nigeria-Nigeria Electricity Market Stabilisation Facility programme. The Nigerian Electricity Regulatory Commission disclosed this in its 2016-2018 Minor Review...