discos Archives

Consumers kick as DisCos’payment to Gencos drop by 50%

Electricity distribution companies’ payment to generation companies for electricity generation has dropped by 50 per cent. According to industry data, DisCos were unable to pay GenCos full payment for the quantity of power generated in January 2022. As a result, the generation companies recorded a 50 per cent revenue shortfall. A breakdown of the data showed […]

agencyreport
27th June 2022
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348 Views

Electricity

FG hikes electricity tariff, consumers condemn power sector privatisation

The Federal Government through its Nigerian Electricity Regulatory Commission on Thursday officially released different documents indicating the approved power tariff increase payable by consumers to various electricity distribution companies in Nigeria. In different orders to the 11 Discos operating in Nigeria, the commission stated that the tariff hike was based on the extraordinary review of […]

agencyreport
6th May 2022
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326 Views

Power generation dropped 43mw after worker's strike - FG

Electricity

Power firms owe banks N861.14bn amid electricity crisis

THE debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year to N861.14bn in December 2021 amid the lingering problems plaguing the sector since it was privatised over eight years ago, according to the Central Bank of Nigeria data. In July 2020, core investors in the […]

agencyreport
4th May 2022
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362 Views

Energy

NASS proposing criminalising illegal connection – NERC

THE National Electricity Regulatory Commission has urged consumers to know their rights and obligations within the sector, noting that it will help strengthen the business relationship between the Discos and consumers. Speaking at the Discos and Customers Care Forum in Benin, Edo State on Wednesday, NERC’s Commissioner for Consumer Affairs, Aisha Mohammed, said the mandate […]

agencyreport
17th March 2022
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239 Views

Dangote refinery cuts ex-gantry petrol price to N1,200/litre

NCC unveils TIRMS to tackle mobile number fraud

Poultry farmers raise alarm over $900m China deal

UK to hike visa, citizenship fees from April

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Dangote refinery cuts ex-gantry petrol price to N1,200/litre

NCC unveils TIRMS to tackle mobile number fraud

Lawmakers demand more funding for power sector amid national

Poultry farmers raise alarm over $900m China deal

Tag: discos

Consumers kick as DisCos’payment to Gencos drop by 50%

FG hikes electricity tariff, consumers condemn power sector privatisation

Power firms owe banks N861.14bn amid electricity crisis

NASS proposing criminalising illegal connection – NERC

Dangote refinery cuts ex-gantry petrol price to N1,200/litre

NCC unveils TIRMS to tackle mobile number fraud

Lawmakers demand more funding for power sector amid.

Poultry farmers raise alarm over $900m China deal

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