Power Distributors Owe TCN, Others N263bn Power distribution companies owe service providers, including the Transmission Company of Nigeria, a total of N263bn, our correspondent has learnt. The service providers in the power sector are the Nigerian Electricity Regulatory Commission, the Nigerian Bulk Electricity Trading Plc, the...

Power Distributors Issue Condition For Recapitalisation   The Association of Nigerian Electricity Distributors has said the recapitalisation of Discos, being canvassed by the Transmission Company of Nigeria, will happen when investors in the Discos see a pathway of recovering their investments. In his address at the just-concluded...

NERC To Break Monopolies Of Power Distributors The Nigerian Electricity Regulatory Commission (NERC) has said the natural monopoly being enjoyed by electricity distribution companies is becoming increasingly difficult to sustain. NERC released on Wednesday a consultation paper on the development of a regulatory framework for electricity...

NERC Criticizes Power Distributors’ Estimated Billing Electricity distribution companies have not effectively implemented the methodology for estimated billing issued by the Nigerian Electricity Regulatory Commission, the regulator has said. The Chairman/Chief Executive Officer, NERC, Prof James Momoh, who described the methodology as a scientific method to...

Power Distributors Owe NBET N159bn In 5months   Power distribution companies in the country failed to remit a total of N159bn to the Nigerian Bulk Electricity Trading Plc for the invoices given to them for electricity sold to them in the first five months of the...