DisCo

DisCos’ Monthly Revenue Increases by ₦5bn Amid Nationwide Power Outages

Despite complaints of low power generation, electricity distribution companies (DisCos) in Nigeria increased their monthly revenue from ₦95 billion in…

6 months ago

Govs Hire Consultants to Break DisCos’ Monopoly Amid Poor Power Supply

36 state governors across Nigeria are teaming up to address the persistent issue of inadequate power supply in the country.…

7 months ago

Fed Govt to Resell DisCos Managed by Banks, AMCON in Three Months

The federal government has announced its intention to sell off the five electricity Distribution Companies (DisCos) currently managed by banks…

7 months ago

Electricity Consumers Decry Unequal Distribution as DisCos Prioritize Band A

Consumers in Bands C, D, and E express frustration over reduced power supply while Band A customers enjoy extended hours…

7 months ago

BREAKING: NERC instructs Electricity DisCos to Refund Customers For incorrect Billing

The Nigerian Electricity Regulatory Commission (NERC) has directed all Electricity Distribution Companies (DisCos) to enforce the April 2024 Supplementary Multi-Year…

7 months ago

DisCos Secure ₦273.34b Loan for Meter Acquisition in Distribution – CBN

According to a recent report from the Central Bank of Nigeria (CBN), a staggering loan totaling N273.34 billion was granted…

8 months ago

Estimated Billing: Kaduna Electric Refunds Overcharged Customers

Kaduna Electric has completed the refund process for unmetered customers who were overcharged through estimated billing. This move comes in…

8 months ago

Fed Govt Threatens to Revoke DisCos’ Licenses Over Poor Power Supply

In response to ongoing issues of inadequate power supply, the Federal Government has issued a stern warning to Distribution Companies…

8 months ago

Kaduna DisCo Increases Employee Salaries Despite ₦110bn Debt Burden

Amidst a staggering ₦110bn debt and numerous operational hurdles, Kaduna Electricity Distribution Company (DisCo) has taken a notable step by…

9 months ago

Customers Fed Up With Estimated Billing; FG Issues Stern Warning To Discos

The Federal Government has issued a stern warning to power distribution companies (Discos), emphasizing the necessity for accurate metering and…

9 months ago