Discos Questions FG’s Claim Of 2000MW Unused Power Generation Capacity
The federal government’s repeated claim of an unutilised 2000 megawatts (MW) electricity capacity by the 11 electricity distribution companies (Discos) in Nigeria’s power market has been faulted by the Ibadan Disco, which said that such...
As Metering Scheme Suffers Delay, Discos To Face Sanction
Electricity consumers have yet to feel the impact of a scheme introduced last year to expedite the deployment of meters as its implementation has been delayed.
When the Nigerian Electricity Regulatory Commission unveiled the Meter Asset Provider...
Discos Raked In N325bn Revenue In 9months — NERC
The 11 electricity distribution companies in the country collected total revenue of N325bn from customers in the first nine months of last year, the latest data from the Nigerian electricity Regulatory Commission showed.
The total revenue collected...
Discos Owe NBET N108bn In Three Months
Despite an increase in their collection efficiency, the remittance by electricity distribution companies to the Nigerian Bulk Electricity Trading Plc (NBET) for the energy received by them dropped to 27.5 per cent in the third quarter of 2018...
NERC Encouraging Discos To Take Little Power, Gencos Says
Electricity generation companies in the country have said distribution companies are taking less power than what they (Gencos) are willing to sell because of an “obnoxious new capacity definition” introduced by the Nigerian Electricity Regulatory Commission.
The...
DisCos Record N36bn Monthly Collection, 65% Efficiency Level
Electricity Distribution Companies (DisCos) said they have improved their electricity supply revenue collection to N36 billion level monthly as the efficiency of collecting monies from their customers rose to 65 per cent.
They revealed this through the Association...