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...
Discos' Low Demand Hits Egbin, 9 Other Power Plants
Ten out of the nation’s 27 power plants saw their total output reduced by 1,664 megawatts on Thursday as a result of low demand by power distribution companies, data obtained from the Transmission Company of Nigeria...
Power: Discos Offset Fines As FG Reconnects Firms
The Federal Government has reconnected three power distribution companies to the national grid and has lifted the suspension it slammed on the power firms after the Discos paid the stipulated fines attached to the infractions they committed,...
