Tag
ELECTRICITY DISTRIBUTION COMPANIES
If a consumer buys any electricity asset, he/she has to sign an agreement with the DisCos stating when and how they will be refunded the cost
The FG has completed the takeover of struggling distribution companies, including Kaduna, Kano, Ibadan and Port Harcourt DISCOs
The restructuring and forceful take-over of the Benin Electricity Distribution Company (BEDC) Plc has led to a monthly loss of N750 million.
Electricity distribution companies (DisCos) in Nigeria generated a sum of N761.2 billion as revenue in 2021.
Electricity Distribution Companies (Discos) have slammed the Federal Government over the recent takeover/restructuring of 5 distribution companies...
The Central Bank of Nigeria (CBN) reported that it has so far disbursed the sum of N47.66 billion...
The Nigerian Bulk Electricity Trading (NBET), has reported that Electricity Distribution Companies (DisCos) had market receipts of N26.811...
NERC said President Buhari remains committed to protecting Nigerians arbitrary/estimated billings.
Electricity Tariff hike is set to go live on September 1, 2020.
DisCos have expressed their willingness to align with the proposal of the National Assembly that Nigerians should get free power supply for 2 months.
The long-awaited answer to Nigeria’s power crisis, especially in the distribution and storage segments of the electricity value chain, may be around the corner.