The Federal Government has charged power distribution companies to address metering gaps in the country in order to tackle the estimated billing system where customers pay more and receive less service. It disclosed this during the week through the Nigerian…
The Federal Government has given Electricity Distribution Companies, DisCos, in Nigeria the nod to buy electricity directly from power generation companies, GenCos. The Nigerian Electricity Regulatory Commission, NERC, disclosed this in its 2024 Multi-year Tariff Order, MYTO, which was recently…
The Nigerian Electricity Regulatory Commission has expressed concern over the electricity load rejection by power distribution companies despite the blackout witnessed in many parts of Nigeria. It threatened to enforce appropriate regulatory actions against DisCos that fail to meet the…
The number of power consumers without meters across the country is now 7,117,167, as a total of 504,729 meters were installed by electricity distribution companies between January and September 2023. Data obtained from the latest third quarter report of the…
The Federal Government through the Niger Delta Power Holding Company has signed a Power Purchase Agreement with utility companies to distribute a total of about 250MW across the country. A document obtained from NDPHC said the power sale transactions have…
The Federal Government of Nigeria has revealed plans to recapitalise DisCos in the country to boost power supply across the country. President Bola Tinubu made this position known at the Nigerian Electricity Supply Industry (NESI) Market Participants and Stakeholders Round…
The Nigerian Electricity Regulatory Commission (NERC), said that Electricity Distribution Companies (DisCos) cumulatively received 325,898 complaints from consumers in second quarter of 2023. This was made known in the commission’s second quarter of 2023 report posted on its website in Abuja on…
Metered electricity customers in Nigeria increased to 5.47 million in the second quarter of 2023. The National Bureau of Statistics’ latest data on ‘Nigeria Electricity Report Q2 2023: Energy Billed, Revenue Generated And Customers By DISCOS’ disclosed this on Friday.…
The Niger Delta Power Holding Company Limited (NDPHC) has said it had executed over 374 projects in the distribution subsector of the Nigerian electricity supply industry to boost power supply nationwide. It also stated that the projects, worth over $1.2billion,…
Electricity distribution companies (DisCos) in Nigeria’s commercial capital, Lagos are expected to upgrade customer meters to the new Standard Transfer Specification (STS), The scheme aims to upgrade meters to start in August and should be completed before November 24. The…
