FG to kick out poorly perfoming DisCos – Power minister
The Minister of Power, Chief Adebayo Adelabu, on Monday declared that the Federal Government will not renew the licenses of poorly performing…
Electricity Distribution Companies
How DisCos paid NBET N212bn in six months – Report
Electricity distribution companies otherwise known as DisCos, paid N212 billion of their total invoice to the Nigerian Bulk Electricity Trading Plc, between…
Power generation dropped 43mw after worker’s strike – FG
Data received from the Federal Ministry of Power on Sunday revealed that the recent one-day strike by employees of the Transmission Company…
Power intervention fund hits N2.9trn
The Federal Government’s intervention fund for electricity distribution companies has increased to N2.9 trillion. According to The PUNCH, the fund which moved…
FG owes N100bn electricity subsidy – Discos
Electricity distribution companies have said that the Federal Government had failed to pay the N100bn subsidy on electricity since the privatisation of…
Blackout as national grid collapses
Power generation on the national grid collapsed to zero megawatts around 10.40am on Monday, leading to widespread blackout across the country. Different…