DisCos

November 18, (THEWILL) - The Nigerian Electricity Regulatory Commission has directed the eleven electricity distribution companies in the country to replace faulty and obsolete metres for their customers at no cost. NERC in a statement issued on Monday emphasised that...

October 20, (THEWILL) – In a paradox that has defined Nigeria’s electricity sector, the eleven Distribution Companies (DisCos) across the country recorded increased revenue during the second quarter of the year (Q2 2024) amid poor power supply and...

September 04, (THEWILL) – Nigeria’s power generation rose to a three-year high of 5,313 megawatts on Monday, the Ministry of Power announced on Tuesday. “The national grid, on Monday, hit a record high of 5,313MW, a record high in...

June 24, (THEWILL) - The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has approved N21,000,000,000 for electricity Distribution Companies (DisCos) in the country to procure metres for consumers. The NERC, in a release issued on Friday by its...

February 11, (THEWILL) - Nigeria’s electricity distribution companies (DisCos) are raking in enormous revenue from poor services while their estimated-billing customers continue to rise and groan. The recent Nigeria Electricity Report by the National Bureau of Statistics (NBS) for Q3...

January 14, (THEWILL) - In a strange twist of events, the Federal Government has transferred its shares in the 11 electricity distribution companies (DisCos) from the Bureau of Public Enterprise (BPE) to the Ministry of Finance Incorporated (MOFI). This is...

November 09, (THEWILL) - The Federal Government (FG) has said it is not ready to impose an additional burden on Nigerians for now by approving an increase in electricity tariff. Minister of Power, Adebayo Adelabu, disclosed this at an interactive...

September 10, (THEWILL) - The Ibadan Electricity Distribution Company (IBEDC) has 1.33 million estimated-billing customers – the highest among the 11 Distribution Companies (DisCos) in Nigeria, according to data by the National Bureau of Statistics (NBS). The statistics bureau in...

September 06, (THEWILL) - The Nigerian Electricity Regulatory Commission (NERC) has approved an upward review of the price of pre-paid electricity meters in the country. The approval was conveyed in a circular jointly signed by the Commission’s Chairman and Commissioner...

July 25, (THEWILL) - The Nigerian Senate has urged the Federal Government to halt the proposed hike in electricity tariff by Distribution Companies (Discos) in the country. While stressing the need to allow ordinary Nigerians to breathe, the lawmakers directed...