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...
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...
