Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an...
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5 Minutes
FG: Discos overbilled 7.1million customers in nine months
Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory Interventions for Non-Compliance...
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2 Minutes
2024 Budget: FG to sell part of DisCos, Osogbo Machine Tools, others
VAM News Update THE Federal Government has said it would offload its 40 per cent stake in some key public utilities and companies to fund part of the 2024 budget. Director General of Bureau...
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2 Minutes
Discos Shun Opposition, Insist Nigerians To Pay More For Electricity Tariff
VOICE AIR MEDIA News Update Power distribution companies, on Sunday night, confirmed and insisted that the tariffs payable by electricity consumers across the country would increase from July 1, 2023, despite the opposition of...
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1 Minute
Message To DisCos: Why Nigerians Should Not Bear The Cost Of Electricity Provision
The Federal Competition and Consumer Protection Commission (FCCPC) has said certain costs of providing electricity in Nigeria shouldn’t not be borne by the citizens In a statement on Sunday, the agency made clarifications concerning...
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1 Minute
DisCos to increase electricity tariff September 1
The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DisCos) to increase their tariff effect from 1st September 2021. According to a document, the NERC has given the energy distributors...
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