Nigeria’s electricity landscape is bracing for a shake-up as all 36 state Commissioners of Power and Energy signaled readiness to negotiate more affordable electricity tariffs […]
Tag: Discos
NERC Slaps N628 Million Fine on 8 DisCos for Overbilling Unmetered Customers
The Nigerian Electricity Regulatory Commission (NERC) has imposed a N628 million fine on eight power distribution companies (DisCos) for failing to comply with the capping […]
House of Reps Orders N500bn Recapitalisation for DisCos, Moves to Address Power Sector Challenges
The House of Representatives has directed electricity distribution companies (DisCos) in Nigeria to undertake a recapitalisation of no less than ₦500 billion. This mandate is […]
NLC and TUC Seal Jos Electricity Distribution Company Headquarters in Protest
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have sealed the headquarters of the Jos Electricity Distribution Company (JED) along Ahmadu Way […]
Nigerian Electricity Regulatory Commission Increases Meter Prices Amid Economic Challenges
The Nigerian Electricity Regulatory Commission (NERC) has announced an increase in the prices of single-phase and three-phase meters, citing significant changes in foreign exchange rates […]
Federal Government to Sell Electricity Distribution Companies as Blackouts Persist
The Federal Government has pledged to sell off the five electricity Distribution Companies (DisCos) amidst persistent blackouts. The government also revoked a $200 million non-performing […]
Government Cracks Down on DisCos: License Revocation Threat Looms Over Poor Power Supply
The Federal Government has warned Electricity Distribution Companies (DisCos) of strict consequences for poor power supply, including the possibility of license revocation. Minister Adebayo Adelabu […]