Consumers React as Discos Meter Price Rises by 28% Power distribution companies in Nigeria have announced an increase in the price for various electricity meter models, marking the second price hike in four months. Power consumers kicked against the development, describing it as “wicked”, considering the...

FG Fails to Pay Electricity Subsidies on Band B to E - Discos Electricity distribution companies in Nigeria have said that the Federal Government has not been fulfilling its promise to pay the cost of subsidising the electricity consumed by customers on Band B to...

49,188 Meters Installed in Q2 2024, NERC Reveals The Nigerian Electricity Regulatory Commission (NERC) says 49,188 meters were installed in the second quarter of 2024. The commission made this known in its second quarter 2024 report on Thursday. The commission said the installations represent a decrease of...

Discos Revenue Rise by 61.4% After 230% Electricity Tariff Hike   Revenues earned by electricity Distribution Companies (Discos) in Nigeria have risen by over 61.4 per cent after the Nigerian Electricity Regulatory Commission (NERC) approved a 230 per cent tariff increase for Band ‘A’ customers nationwide...

DisCos Revenue Increases to N887bn in Seven Months  Nigeria’s electricity distribution companies (DisCos) have raked in a total sum of N887.86bn as revenue in the first seven months of 2024 following the tariff increase for Band A customers and improved revenue collection. Despite consistent complaints over...

DisCos Earn N162.14bn Revenue in July – NERC Twelve electricity Distribution Companies (DisCos) in the Nigerian Electricity Supply Industry (NESI) collected N162 billion revenue in July 2024. The Nigerian Electricity Regulatory Commission (NERC) broke the news in its document titled: “Commercial Performance of Distribution Companies (DisCos),”...