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Kaduna Electric Disconnects Kaduna State Government House Over Debt of N2.9 Billion

Kaduna Electric Disconnects Kaduna State Government House Over Debt of N2.9 Billion • No Payments for Electricity Consumed in Seven Months In a dramatic move that underscores growing tensions between utility providers and state governments, Kaduna Electric has cut off electricity supply to the Kaduna State...

Power Subsidy Rises 151% to N211bn in Q1, 2024

Power Subsidy Rises 151% to N211bn in Q1, 2024 The Nigerian Electricity Regulatory Commission has disclosed that the electricity subsidy obligation of the Federal Government rose from N252.76bn to N633.30bn in the first quarter of 2024. The NERC report said the electricity subsidy skyrocketed to N211.10bn...

DisCos Remittance Rate Increases by 27.05% – Report

DisCos Remittance Rate Increases by 27.05% – Report The Nigerian electricity market witnessed a significant improvement in remittance performance by Distribution Companies (DisCos) in the first quarter of 2024, a report released by the Nigerian Electricity Regulatory Commission (NERC), has said. According to the report, DisCos...

DisCos Face New Sanctions as NERC Drives Compliance Framework

DisCos Face New Sanctions as NERC Drives Compliance Framework The Nigerian Electricity Regulatory Commission has disclosed that there will be new sanctions for Discos that failed to meet up some contractual agreements with customers and regulators. In an Order on Performance Monitoring Framework for all the...

Kaduna Electric Declares Zero Tolerance to Energy Theft, Set to Prosecute Offenders

Kaduna Electric Declares Zero Tolerance to Energy Theft, Set to Prosecute Offenders The Chief Commercial Officer of Kaduna Electric, Ahmed Sanusi, has expressed strong reservation against all forms of energy theft and has declared that the company will leave no stone unturned in getting offenders...

Band A: DisCos Monthly Revenue Soars by 42.29% to N142.92bn

Band A: DisCos Monthly Revenue Soars by 42.29% to N142.92bn The revenue collected by electricity distribution companies, DisCos, increased significantly by 42.29% to N142.92 billion in April 2024, following the hike in electricity tariffs for approximately two million customers in Band A. The revenue in...