Discos

NERC says DisCos largely responsible for poor power supply

The Nigerian Electricity Regulatory Commission (NERC) says the distribution companies (DisCos) are largely responsible for poor electricity supply to customers…

DisCos Q1 revenue collection hits N116.9bn

The 11 distribution companies (DisCos) collected N116.9 billion from customers out of the total bill of N182.8 billion in the…

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…

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 Nigeria-Nigeria…

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…

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…

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