DISCOs

 FG owes GenCos, DisCos N4trn amid liquidity problems

NIGERIA's power sector is currently experiencing more liquidity problems as the federal government has confirmed its indebtedness to the...

Senate threatens reversal of power privatisation, declares it ‘total failure’

THE Senate on Thursday, December 5, said that it might propose legislation to repeal the power sector privatisation policy...
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‘Why we seek $500m market capitalisation for DisCos’

THE managing director of Azura Power West Africa, a power generating company, Edu Okeke, on Thursday, said there's a...

Nigerians face nationwide blackout as DisCos confirm grid collapse

NIGERIANS have again been plunged into a nationwide blackout following the collapse of the national grid system. Many of the...
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NERC fines AEDC N1.69bn for overbilling customers

THE Nigerian Electricity Regulatory Commission (NERC) has slammed a substantial fine of N1.69bn on the Abuja Electricity Distribution Company...

Report: Discos raked in N291.6bn revenue in Q1 2024

THE Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies (Discos) in the country made N291.62 billion...
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