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...

Discos Suffer N1.15trn 4 Year Tariff Shortfall   The Nigerian Electricity Regulatory Commission has confirmed the sum of N1.15trn as the tariff shortfall suffered by the 11 electricity distribution companies in the country from 2015 to 2018. NERC disclosed this in the 2016-2018 Minor Review of Multi-Year...

Nigerians Likely To Pay More For Electricity Consumption The Federal Government through the Nigerian Electricity Regulatory Commission has increased the tariff payable by power consumers across the country. Findings from various documents obtained from the NERC on Wednesday in Abuja showed that beginning from next year,...

We're Committed To Solving Electricity Distribution, Discos Say   Electricity distribution companies on Sunday said that they were committed to resolving challenges in the power sector in the country. Speaking under the aegis of the Association of Nigerian Electricity Distributors, the Discos stated that they were committed...