By Ibiyemi Mathew Latest data released National Bureau of Statistics (NBS) on Monday has revealed that Electricity Distribution Companies (DisCos) generated N434.94 billion in revenue in the third and fourth quarters of 2022. In it’s “Nigeria Electricity Report”, detailing revenue…
The Federal Government says power distribution companies failed to utilise a total of 1,070.36 megawatts of electricity in a week of blackout being witnessed across the country. Latest power utilisation data obtained from the Transmission Company of Nigeria, indicated that…
…Govt needs to revisit power sector privatisation to address challenges – Expert By Seun Ibiyemi and Ogaga Ariemu Following N95.8billion owed by customers, there are indications that all electricity distribution companies (DisCos) may embark on mass disconnection of customers to enable…
An estimated 12.792 million registered consumers paid at least N1.367 trillion as charges for power supply to them by the 11 Distribution Companies (DisCos) within 23 months – from November 2020 to September 2022. According to an analysis of data…
The Nigerian Electricity Regulatory Commission (NERC), has charged the Abuja Electricity Distribution Company, AEDC of its responsibility to provide meters, transformers and other assets for consumers. NERC’s Commissioner for Consumers Affairs, Aisha Mahmud made this disclosure at the opening session…
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday said it was not the responsibility of electricity consumers to buy transformers or any other assets for Electricity Distribution Companies (DisCos). Mrs Aisha Mahmud, Commissioner Consumers Affairs, NERC, said this in Abuja…
DisCos has revealed that the payment of previously unpaid bills by electricity users in Nigeria in the first half of 2022 has pushed revenue in the country to the highest level in eight years, despite a decline in the total…
…Experts fault Discos, NERC for Nigeria’s power sector challenges By Seun Ibiyemi and Ariemu Ogaga Following over N93billion owed by electricity consumers, there is indication that electricity Distribution Companies (DisCos) in the Country would embark on mass disconnection of customers to…
…As NDPHC spends N1trn to subsidize power By Uthman Salami The Executive Secretary, Association of Power Generation Companies (APGC), Dr Joy Ogaji has revealed that the generation companies were owed about N1.75 trillion for power generated for the electricity market…
The Minister of Power, Mr Abubakar Aliyu says the ministry will ensure that the changes in corporate governance do not impact on the service and stability of the Distribution Companies (DisCos). Mal Isa’ Sanusi, Special Adviser on Media to the…
