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Tag "electricity distribution companies (DisCos)"

Electricity tariff may rise as 11 DisCos apply for rate review

    Electricity tariff may rise as 11 DisCos apply for rate review

The Nigerian Electricity Regulatory Commission (NERC) says eleven distribution companies (DisCos) have applied for a review of tariff rates.  The commission communicated the development in a notice issued on Friday. 

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‘We’re expecting improvement in supply’ – DisCos say restoration of power grid has commenced

    ‘We’re expecting improvement in supply’ – DisCos say restoration of power grid has commenced

Electricity distribution companies (DisCos) say power supply has returned to some parts of the country. The national electricity grid had suffered a system collapse at about 11 am on Monday.

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Fidelity Bank’s takeover of Benin DisCo contractual intervention, says FG

    Fidelity Bank’s takeover of Benin DisCo contractual intervention, says FG

The National Council on Privatisation (NCP) says the restructuring of Benin Distribution Company (BEDC) results from a contractual agreement between Fidelity Bank and Vigeo Power Limited, a core investor in

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Takeover of Kano, Kaduna DisCos by banks not permanent, says FG

    Takeover of Kano, Kaduna DisCos by banks not permanent, says FG

Abubakar Aliyu, minister of power, says financial institutions will not continue to retain ownership of shares and management of electricity distribution companies (DisCos).  The minister said this in a statement on

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DisCos: Why we take control of donated electricity equipment

  DisCos: Why we take control of donated electricity equipment

The Association of Nigerian Electricity Distributors (ANED) has explained why electricity distribution companies (DisCos) take ownership of electricity infrastructure purchased

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NERC: Electricity consumers NOT mandated to pay for prepaid meters under NMMP

  NERC: Electricity consumers NOT mandated to pay for prepaid meters under NMMP

The Nigerian Electricity Regulatory Commission (NERC) says consumers are not mandated to pay for the prepaid meters under the National

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Ikeja Electric: We’ve installed 400,000 prepaid meters in eight years

  Ikeja Electric: We’ve installed 400,000 prepaid meters in eight years

Ikeja Electric Plc (IE), an electricity distribution company in Lagos, says it has installed prepaid meters for about 400,000 customers

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World Bank approves $500m to support electricity distribution in Nigeria

  World Bank approves $500m to support electricity distribution in Nigeria

The World Bank has approved $500 million to support Nigeria in improving operations of electricity distribution companies (DisCos). In a

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FG extends electricity tariff suspension by one week

  FG extends electricity tariff suspension by one week

The federal government has asked the electricity distribution companies (DisCos) to extend the suspension of the new electricity tariff by

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