Browsing Tag
DISCOs
20 posts
‘Electricity supply still at infancy’, says NERC as Labour battles DisCos
The Nigerian Electricity Regulatory Commission (NERC), has said that the Nigerian Electricity Supply Industry (NESI), is still in its “infancy”, hence, close monitoring and supervision must be improved, to ensure compliance with the grid code, market rules, and other relevant industry standards.
Tariff Hike Confusion: Increase in electricity tariff affect Band A only, NERC clears-air
The Nigerian Electricity Regulatory Commission, NERC has issued new directives to Electricity Distribution Companies, DisCos on the implementation of the supplementary April 2024 multi-year tariff order.
Federal Government threatens to withdraw license of DisCos over poor power supply
The Federal Government has issued marching orders to its agencies regulating the power sector, directing the Nigerian Electricity Regulatory Commission, NERC, to withdraw licenses of non-performing electricity distribution companies, DisCos.
Minister summons DisCos, TCN over worsening power situation
Minister of Power, Adebayo Adelabu has summoned chief executive officers of two Electricity Distribution Companies (DisCos) to a meeting to hold in the coming week over worsening supply situations in their regions.
DisCos to pay consumers N10.5b over estimated billing
The Nigerian Electricity Regulatory Commission (NERC) will deduct N10.5 billion from the accounts of the 11 Distribution Companies (DisCos) operating in the country over arbitrary billing of unmetered customers.
Electricity Regulatory Commission sanctions 11 DisCos over non-compliance
The Nigerian Electricity Regulatory Commission (NERC) has confirmed that it has sanctioned eleven Distribution Companies’ (DisCos) due to their non-compliance with capping of estimated bills for unmetered customers.
Nigeria may borrow more to sustain DisCos, GenCos as NERC adjusts tariff
Nigeria, struggling to raise funding for its 2024 budget may borrow to finance electricity subsidy as the Nigerian Electricity Regulatory Company (NERC) yesterday released a new tariff template, showing over N1.6 trillion shortfall.
One year after takeover of DisCos, darkness, liquidity crisis persist
All is not well with electricity distribution companies across the country as the state of the five utility firms, which were taken over by the Federal Government, commercial banks and Asset Management Corporation of Nigeria (AMCON) have little to show off one year after.
Licences of 17 Discos, Gencos due for revocation or renewal Nov. 1
The Federal Government on Monday in Abuja, asked for more time to fix the nation’s electricity challenges as 17 generation and distribution licenses are due for revocation or renewal tomorrow
Senate defers Tinubu’s ministerial list till Thursday, halt proposed hike in electricity tariff by DisCos
Again, the much-anticipated ministerial list of President Bola Tinubu that was earlier promoted to be unveiled yesterday at the Senate, was postponed until the last day allowed by the Constitution, Thursday, July 27, which marks 60 days after the President’s inauguration.