News FG commences unbundling Of 11 DisCos, orders sale of four Alagbe Shenayon Apr 23, 2024 The Federal Government has initiated the process of unbundling 11 electricity distribution companies in order to enhance their…
News Electricity subsidy non-existent, FG raising funds for cash-strapped DisCos… Toyibat Ajose Apr 8, 2024 Femi Falana, a human rights lawyer, claims that the Federal Government, through the Nigerian Electricity Regulatory Commission…
News FG mandates DisCos to refund customers wrongly billed Toyibat Ajose Apr 7, 2024 The Nigerian Electricity Regulatory Commission (NERC) has directed electricity distribution companies (DisCos) to refund customers…
Business Discos make N1 trillion amid electricity crisis; unmetered clients reach… Toyibat Ajose Apr 2, 2024 Despite the chronic epileptic power supply nationwide, income generation by Nigerian electricity distribution companies increased…
News DisCos apologise as national grid collapses second time in 2024 Alagbe Shenayon Mar 29, 2024 Electricity distribution companies (DisCos) have appealed to their customers for patience as the nation experiences another…
News DisCos borrow N273.24 billion from CBN to purchase meters, others Toyibat Ajose Mar 18, 2024 The Central Bank of Nigeria approved a loan facility of N273.34 billion for Nigeria's eleven Electricity Distribution Companies…
News FG threatens to revoke licences of DisCos over power supply Toyibat Ajose Mar 7, 2024 On Wednesday, the Federal Government threatened to remove power distribution companies' licences due to the country's persistently…
News FG to query non-performing DisCos over ‘worsening power supply’ Toyibat Ajose Mar 2, 2024 The federal government intends to investigate non-performing power distribution corporations due to concerns about the…
Business Electricity DisCos billed customers N134.5 billion in December 2023 Toyibat Ajose Feb 21, 2024 The 11 electricity distribution companies across the country billed their customers a total of N134.53 billion for December 2023…
News Discos overbilled 7.1million customers in nine months – FG Toyibat Ajose Feb 12, 2024 Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an…