DISCOs
5 Feb
Businesses across different sectors have lamented the worsening state of power supply in the country, which they said has forced them to rely more on alternative sources of energy. They said the alternatives are expensive, unsustainable and constitute a threat to their continued survival.
2 Feb
The Minister of Power, Mr Adebayo Adelabu says the Federal Government is to set up a committee to resolve power blackouts in some parts of the country.
1 Feb
The Minister of Power, Adebayo Adelabu has called on the Federal government to transit fully to cost-reflective tariffs, raising eyebrows amid concerns over subsidy funding.
31 Jan
Businesses across different sectors have lamented the worsening state of power supply in the country, which they said has forced them to rely more on alternative sources of energy.
23 Jan
The Nigerian Electricity Regulatory Commission (NERC) has ordered the country’s eleven power distribution companies to supply 715, 000 prepaid electricity meters in 2024.
18 Jan
Nigeria, struggling to raise funding for its 2024 budget may borrow to finance electricity subsidy as the Nigerian Electricity Regulatory Company (NERC) yesterday released a new tariff template, showing over N1.6 trillion shortfall.
16 Jan
The Minister of Power, Adebayo Adelabu, yesterday, said that electricity distribution companies (DisCos) were to provide transformers to communities instead of putting the burden on customers.
2 Jan
In the third quarter (Q3) of 2023, power distribution companies (DisCos) received a total of 333,947 complaints, adding up to a 2.47 per cent increase from the previous quarter.
5 Dec
Relevant stakeholders have sought sustainable funding of the power sector by state governments, distribution companies (DisCos), investors and interested parties.
15 Nov
All is not well with electricity distribution companies across the country as the state of the five utility firms, which were taken over by the Federal Government, commercial banks and Asset Management Corporation of Nigeria (AMCON) have little to show off one year after.
15 Nov
The Nigerian Electricity Regulatory Commission (NERC), in its second quarter report for 2023 showed that the Federal Government paid N135.23 billion to subsidise electricity consumption between April and June this year.
9 Nov
The Minister of Power, Adebayo Adelabu, yesterday said privatisation was not the right way to go for the country, rather commercialisation would have been better.