Power distribution companies are going to start paying interest on the debt they owe the electricity Market Operator since the commencement of the Transitional Electricity Market in January 2015, the Federal Government has declared. It was gathered that the government, through the Nigeria Bulk Electricity...

The monthly revenue remittances of the 11 electricity distribution companies (Discos) to the Nigerian electricity market have dropped further to 30 per cent from about 58 per cent that it was in the early part of the year, the Market Operations (MO) department of...