Tag: NERC

Electricity customers paid N210.17b in three months - NERC
Business

Yola Disco records highest losses amongst Discos – Report

The only electricity distribution company being controlled by the Federal Government, Yola Disco had the largest aggregate technical, commercial, and collection losses of 70% compared to the other 11 Discos.   This was from an industry report titled ‘Key Operational & Financial Data of NESI’ for 2019 to 2022″ accessed by The Punch.   According […]

Electricity customers paid N210.17b in three months - NERC
Electricity

Electricity customers paid N210.17b in three months – NERC

Power consumers paid N210.17 billion to distribution companies in the fourth quarter of 2021, according to the Nigerian Electricity Regulatory Commission. This was stated in its Quarterly Report for the Fourth Quarter of 2021, which was released on Thursday, noting that N210.17 billion represented 9.34 per cent of the total electricity bill paid by consumers […]