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N778.7bn debt to NBET weighs down power Discos

The 11 electricity distribution companies (Discos) in Nigeria are heavily indebted to the Nigerian Bulk Electricity Trading Plc (NBET) to the tune of N778.7...

Discos failed to remit N325.54bn in 10 months –NBET

Power distribution companies in the country failed to remit a total of N325.54bn to the Nigerian Bulk Electricity Trading Plc for the electricity sold...

FG’s N700bn raises power generation in 18 months – NBET

The introduction of the N701.9 billion Payment Assurance Facility (PAF) to raise Generation Companies’ (GenCos) monthly revenue by 80 per cent has raised generation...

Poor power supply: Discos owe NBET N103bn

Despite the N72 billion credit granted the Distribution Companies (Discos) to enable them take off enough energy from Transmission Company of Nigeria (TCN), Nigerian...
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