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...

We Lose N30bn Monthly To Vandalism, Theft, Others – Discos   Electricity distribution companies have said they lose over N30bn of their monthly revenue due to cases of energy theft, meter bypass, vandalism and unpaid electricity bills by consumers. Speaking under the aegis of the Association of...

N1.8trn Fund: We Received Only N58bn - Discos     Electricity distribution companies on Wednesday claimed that out of the N1.8tn intervention fund so far injected into the power sector, they only accessed N58bn from the Central Bank of Nigeria’s N213bn loan facility. The Discos said the N58bn...

FG, NASS To Pay For Two-month ‘Free Electricity’ – Discos     Power distribution companies on Thursday said that the two-month free electricity to customers announced on Wednesday would be paid for by the National Assembly and the Federal Government. Speaking through their umbrella body, the Association of...

Discos Offer Customers Two-month Free Electricity   Power distribution companies on Wednesday announced that they were in support of the proposal by the National Assembly and the Federal Executive arm of government that Nigerians should get two months of free electricity. Speaking through their umbrella body, the...

We're Committed To Solving Electricity Distribution, Discos Say   Electricity distribution companies on Sunday said that they were committed to resolving challenges in the power sector in the country. Speaking under the aegis of the Association of Nigerian Electricity Distributors, the Discos stated that they were committed...