Frequent Electricity Tariff Hike Despite N123bn Bailout Is Injustice — Dogara   The Speaker of the House of Representatives, Mr Yakubu Dogara, said on Monday that the frequent hike in electricity tariff was injustice to Nigerians, who had become accustomed to living without regular power supply. He...

Auditors Report Huge Loss, Fear Collapse Of DisCos   Financial auditors engaged by some of the electricity Distribution Companies (DisCos) such as PriceWaterhouseCoopers (PWC) and Deinde Odusanya and Co have expressed uncertainty over the continued existence of the companies as they declared huge operation losses in...

Electricity: NERC Commences Review Of Tariffs   The Nigerian Electricity Regulatory Commission (NERC) on Tuesday said it had commenced the process of reviewing electricity tariff that would be used by distribution companies (Discos) in Nigeria for the next five years, which is between 2019 and 2023. The...

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...

Electricity: FG To Invest N72bn To Boost Power Distribution   Minister of state, power, works and housing, Suleiman Hassan Zarma, has stated that the federal government is ready to dole out N72 billion to electric distribution companies in the country to boost power supply and increase...

AEDC Earmarks N10bn To Meter 222,000 Electricity Users     The Managing Director of Abuja Electricity Distribution Company (AEDC), Engr. Ernest Mupwaya, says the firm has earmarked N10 billion to provide 222,617 meters in order to reduce the estimated billing method. Mupwaya said this, yesterday, in Nasarawa State...