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DisCos Owe N112bn For Electricity, Fail Loss Reduction Target In Q1 2018

DisCos Owe N112bn For Electricity, Fail Loss Reduction Target In Q1 2018   The 11 electricity Distribution Companies (DisCos) owe N112 billion as debt for energy delivered to their networks in the first three months of 2018 but failed to meet their losses reduction target, a...

NERC Begins Process for Affordable Electricity Tariff

NERC Begins Process for Electricity Power Tariff The Nigerian Electricity Regulatory Commission (NERC) is shopping for consultants it will engage within a month to determine the rate of affordability of the present tariff paid by consumers across the 11 Electricity Distribution Companies (DisCos) and four...

Power Failures: Oyo-Ita Blames Discos

Power Failures: Oyo-Ita Blames Discos The Head of Civil Service of the Federation, Mrs. Winifred Oyo-Ita, has heaped the blame for persistent power failures in homes across the country on the electricity distribution companies. She accused the firms of not living up to expectations. yo-Ita said this...

Fashola – FG To Complete 190 Transmission, Distribution Projects

Fashola - FG To Complete 190 Transmission, Distribution Projects   The federal government is working on commissioning about 190 transmission and distribution projects just as the minister of Power, Works and Housing, Mr Babatunde Fashola has tasked the Distribution Companies (DisCos) on improving their networks. Fashola disclosed...

NERC Orders Discos To Engage Independent Meter Providers

NERC Orders Discos To Engage Independent Meter Providers   The Nigerian Electricity Regulatory Commission on Tuesday ordered the 11 power distribution companies to engage the services of the recently approved independent Meter Asset Providers in order to effectively bridge the over 4.74 million metering gap in...

NERC Halts Metering Monopoly By DISCOS

NERC Halts Metering Monopoly By DISCOS …Says Other Firms Can Provide Meters   Electricity distribution companies have been told that they no more have the monopoly to provide meters to electricity consumers anymore, the Nigerian Electricity Regulatory Commission(NERC) has declared. NERC’s new regulation made public on Monday, has...