Distribution Companies (DisCos)

Power outage: Senate slams GenCos, TCN, DisCos, says they add no value

threatens to reverse privatisation of sector The Senate has slammed the generating companies (GenCos), the Transmission Company of Nigeria (TCN)…

5 months ago

Ekiti govt issues licenses to DisCos, GensCos for off-grid power supply

Ekiti State government has issued licenses to three electricity distribution companies (DisCos), four generation companies (GensCos), and two mini-grid generation…

6 months ago

DisCos not remitting proceeds to govt 10 years after privatisation — MOFI boss

In furtherance of its revenue drive into the Federation Account, the House of Representatives on Tuesday expressed its resolve to…

1 year ago

Expired license: Panic over recovery of CBN’s N88.680bn loan to DISCOs

Members of the House of Representatives on Thursday were taken aback over the repayment of the N88.680 billion loan granted…

1 year ago

DisCos given 15 years license not 10 — NERC

The Nigerian Electricity Regulatory Commission (NERC) has stated that Electricity Distribution Companies (DisCos) were given a 15-year license as against…

2 years ago

Customers to pay more as DisCos effect new electricity tariff July

Customers, from July 1st, will start paying more as the electricity Distribution Companies (DisCos) have disclosed plans to implement a…

2 years ago

Fidelity Bank takes over Kano, Benin, Kaduna, Ibadan, Port Harcourt DISCOs

Fidelity Bank has taken over the management of Kano, Benin, Kaduna, Ibadan, and Port Harcourt Electricity Distribution Companies (DISCOs) and…

3 years ago

Why we took over management of five DisCos ― FG

The Federal Government (FG), on Wednesday, said the change in management of five electricity distribution companies was related to corporate…

3 years ago

DisCos wants relaxation of Minimum Remittance Order, estimated bills capping

The 11 electricity Distribution Companies (DisCos), on Thursday, called for a relaxation of the Minimum Remittance Order and capping on…

5 years ago

DisCos underinvested in power by N164bn, owes N230bn ― NEC committee

The Ad-hoc Committee on Ownership Review and Analysis of Discos and Electricity Sector Reform set up by the National Economic…

5 years ago

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