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International, Bilateral Electricity Consumers Owe Nigeria N4.71bn

International, Bilateral Electricity Consumers Owe Nigeria N4.71bn   International and bilateral power consumers that get supply from Nigeria owe the country about N4.71bn, figures obtained on Sunday from the Nigerian Electricity Regulatory Commission (NERC) showed. It was gathered that the 10 international, bilateral and special power consumers...

Electricity Consumers Demand New Tariff Reversal

Electricity Consumers Demand New Tariff Reversal   The recent increase in electricity tariff by power distribution companies, as approved by the Nigerian Electricity Regulatory Commission, shows that the Federal Government and Discos are taking Nigerians for granted, power sector experts and consumer groups have said. Speaking on...

Consumers Kick as Discos Increase Electricity Tariff

Consumers Kick as Discos Increase Electricity Tariff Power consumers across the country have kicked against the quietly increased power tariff by Electricity Distribution Companies. Although most of the Discos did not make this public, electricity users have described it as “a perfect robbery” amidst the harsh...

DisCos Generate N1.3trn From Electricity Bills In 23 Months

DisCos Generate N1.3trn From Electricity Bills In 23 Months   An estimated 12.792 million registered consumers paid at least N1.367 trillion as charges for power supply to them by the 11 Distribution Companies (DisCos) within 23 months – from November 2020 to September 2022. According to an...

In 12 Months, Discos Suffered N543bn Revenue Loss

In 12 Months, Discos Suffered N543bn Revenue Loss   The latest report by the Nigerian Electricity Regulatory Commission (NERC) shows that total billing to electricity consumers by the 11 distribution companies stands at N816bn. The report also shows that out of this amount, only N370bn has been...

Dangana Becomes New MD/CEO KEDCO

Dangana Becomes New MD/CEO KEDCO   Power sector regulators, Nigerian Electricity Regulatory Commission (NERC) and Bureau of Public Enterprises (BPE) have approved the appointment of the Board of Kano Electricity Distribution Company Plc (KEDCO). The approval followed the Federal Government’s restructuring of 5 DisCos, as a result...