Sunday, 27th November 2022
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DISCOs

27 Sep
The nation’s electricity grid, operated from Osogbo, has again experienced a system collapse, causing blackouts across the country.
6 Sep
Electricity workers, under the aegis of the National Union of Electricity Employees (NUEE), yesterday, alleged that electricity distribution companies (Discos) were using dubious antics to rob Nigerians.
27 Aug
Take-over of Distribution Companies (DisCos) and their N5 trillion debt to banks and the government are causing anxiety in the industry.
24 Aug
Stakeholders have said the interventions of the Central Bank of Nigeria (CBN) in the takeover of the distribution companies remain crucial to the survival of Deposit Money Banks (DMBs) as well as over N2.9 trillion government interventions in the sector.
21 Aug
The National Council on Privitisation (NCP), chaired by Vice President Yemi Osinbajo, has received an update on the takeover of four electricity Distribution Companies (DISCOs). Osibajo’s spokesman, Laolu Akande, in a statement on Sunday in Abuja, said the vice president presided over a virtual meeting of NCP. BPE Director General, Mr Alex Okoh, informed the…
10 Aug
The total revenue collected by the electricity distribution companies (DisCos) in 2021 stood at N761.17 billion, an increase of 44.50 percent over the N526.77 billion they collected in 2020.
1 Aug
Distribution Companies (DisCos), yesterday, flayed the Federal Government over what they described as ‘renationalisation’ of electricity firms.
24 Jul
Nationwide blackout looms as National Union of Electricity Employees (NUEE) warned it would shutdown operations over alleged buyout of Distribution Companies (DisCos) and power facilities by commercial banks.
12 Jul
Nigerians are gradually inching towards the moment of anagnorisis as bank-backed reforms in the nation’s electricity distribution companies (DisCos) are revealing the true state and regulatory...
13 Jun
Nigeria’s electricity grid operated by the Transmission Company of Nigeria (TCN) has again collapsed. The development, which has been reoccurring in recent times, occurred around 7:00p.m. yesterday.
2 Jun
Eight years after the privatisation of Nigeria’s electricity sector, system inefficiencies, particularly high Aggregate, Technical and Commercial (ATC&C) losses, ageing infrastructure, poor customer relationship management and a history of lower cost-reflective tariffs continue to mar the sector’s growth.
12 May
Experts in Nigeria’s power sector have called for improvement in the operations of distribution companies as well as the sector’s regulator, Nigerian Electricity Regulatory Commission (NERC) despite the harsh business environment in the country.

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