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 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   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   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   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...

DisCos’ Payment To GenCos Drops By 50%   Electricity distribution companies (DisCos) payment to generation companies (GenCos) for electricity generation has dropped by 50 per cent. The statistics showed that DisCos were unable to pay GenCos full payment for the quantity of power generated in January 2022. As...