Discos reject 90% power allocation during rains –TCN
Power distribution companies often reject about 90 percent of the quantum of energy that is allocated to them whenever there is
Discos to repay N34bn CBN loan this year
Electricity distribution companies are expected to repay this year N34.05bn of the loan disbursed under the Central Bank of
Discos rule out likelihood of FG buy-off, restate commitment to efficient power distribution
Electricity distribution companies (Discos) on Sunday ruled out the possibility of a buy off from the federal government and said that
FG’ll pay ‘failed investors’ N736bn to repossess Discos
The federal government is considering repossession of 10 electricity distribution firms as one of the options to rescue the nation’s
Senate advises FG to sell 40% share in Discos to foreign investors
The Senate has advised the federal government to divest its 40 percent stake in electricity distribution companies (Discos) to foreign
TCN frustrating power sector, says Discos
The electricity distribution companies (Discos) have accused the Transmission Company of Nigeria (TCN) of frustrating the power
NERC admits 8 new firms for participation in electricity meter supply bid process
Nigeria’s electricity regulatory body, NERC, has granted eight firms “no objection” in order to participate in the procurement and
Manufacturers seek Nigerian government bailout over N29bn electricity debt
Nigerian manufacturers are calling on the federal government to help resolve its N29 billion electricity tariff dispute with the
Nigeria’s president Buhari charged DISCOs on electricity
Muhammadu Buhari, Nigeria’s President said Tuesday that his administration is committed to lawful interventions to ensure that
Discos lose N20bn monthly to collection gap
Uday Mishra, the chief corporate service officer, Kaduna Electricity Distribution Company (KADECO), says distribution companies