Power distribution firms on Monday retracted their prior statement that a tariff increase would go into effect on July 1, 2023, saying that the Nigerian Electricity Regulatory...
Power distribution businesses failed to send a total of N208.8 billion to the Nigerian Electricity Supply Industry in 2022, according to the Federal Government. Data from...
Electricity distribution companies have quietly increased the tariff payable by power consumers across the country. Although most of the Discos did not make this public, electricity...
The planned takeover of three power distribution companies by Fidelity Bank and the restructuring of two others by the Federal Government have led to an intense...
The Nigerian federal government has announced the restructuring of five electricity distribution companies, also known as DISCOs, in the country. This was revealed in a statement...
The Nigerian Electricity Regulatory Commission (NERC) has approved requests by some Electricity Distribution Companies (DisCos) to increase their tariff rates. The DisCos include: Port Harcourt Electricity...
According to the Central Bank of Nigeria data, the debt owed to Nigerian banks by operators in the power sector rose by 12.83 percent in one...
The Federal Competition and Consumer Protection Commission (FCCPC) said Electricity Distributing Companies (DisCoS) should make refunds to electricity consumers who purchased meters. Discos have been overwhelmed...
The Electricity Distribution Companies (DisCos) have given assurance of its support for the plan to supply free electricity to all consumers, as one of the palliative...
A Federal High Court sitting in Lagos has ordered electricity Distribution Companies (Discos) not to hike electricity tariffs as announced by the Nigeria Electricity Regulatory Commission...