Friday, September 18, 2020
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Tag "DISCOS"

Six DisCos declare force majeure over CBN policy on revenue collection

    Six DisCos declare force majeure over CBN policy on revenue collection

Six electricity distribution companies (DisCos) have filed for force majeure over a decision by the Central Bank of Nigeria (CBN) that all revenues should be ring-fenced by the banks, TheCable

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‘DisCos harvesting from farm they refused to maintain’ — reactions trail new tariff hike

    ‘DisCos harvesting from farm they refused to maintain’ — reactions trail new tariff hike

Electricity consumers across the country have started reacting to the implementation of the new electricity tariff by distribution companies (DisCos). On Tuesday, the DisCos announced that they have begun executing

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‘N4 for the poor’ — DisCos begin new service-based electricity tariff

    ‘N4 for the poor’ — DisCos begin new service-based electricity tariff

The electricity distribution companies (DisCos) in the country have begun the implementation of the new electricity tariff. TheCable had reported President Muhammadu Buhari approved the implementation of the proposed cost-reflective

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CBN asks banks to take over electricity bills collection from DisCos

    CBN asks banks to take over electricity bills collection from DisCos

The Central Bank of Nigeria (CBN) has asked banks to take responsibility for collecting electricity bill payments. In a circular dated August 21, Bello Hassan, CBN’s director of banking supervision,

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Nigeria records 5,377MW electricity generation — highest ever

  Nigeria records 5,377MW electricity generation — highest ever

The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time 5,377 megawatts (MW) peak generation. In

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NERC approves 42 meter providers for DisCos

  NERC approves 42 meter providers for DisCos

The Nigerian Electricity Regulatory Commission (NERC) says it has approved 42 meter assets providers (MAPs) for the 11 electricity distribution

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DisCos: 2021 target for metering all customers unrealistic

  DisCos: 2021 target for metering all customers unrealistic

The electricity distribution companies (DisCos) in the country says the 2021 target set for metering all customers is unrealistic. The

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NERC to sanction seven DisCos for not capping estimated bills

  NERC to sanction seven DisCos for not capping estimated bills

The Nigerian Electricity Regulatory Commission (NERC) says it will sanction seven electricity distribution companies (DisCos) for not complying with orders

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DisCos ask court to stop FG’s forensic audit

  DisCos ask court to stop FG’s forensic audit

Electricity distribution companies (DisCos) have dragged the federal government to court over alleged undue interference in their business operations. The

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Lawan: It’s time to review privatisation of power sector

  Lawan: It’s time to review privatisation of power sector

Senate President Ahmad Lawan says the time has come to review or “probably reverse” the privatisation of the power sector.

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