Kaduna and Ibadan Electricity Distribution Company Plc have announced an upward review of the electricity tariff for Band A customers. The Acting Managing Director, IBEDC, Francis Agoha, stated that the Nigerian Electricity Regulatory Commission has approved the tariff increase from N206.80/kWh to N209.50/kWh for users in the category. Accordi...
The federal government, through The Nigerian Electricity Regulatory Commission, NERC, today, approved N21 billion for electricity distribution companies, DisCos, to procure meters for customers. The amount which will come from the Meter Acquisition Fund, MAF, would enable the utilities to address the huge metering gap in the Nigerian Electrici...
The federal government today, Monday, April 22, vowed to sell off the five electricity Distribution Companies (DisCos) now under the management of banks and Asset Management Company (AMCON) in the next three months to reputable technical power operators. Recalled that Abuja Electricity Distribution Company (AEDC) is currently under the managem...
•Powerline Electricity distribution companies (DisCos) have pleaded for understanding from their customers as the country plunged into another blackout due to grid collapse – the second time this year. It collapsed on February 4, throwing the nation into darkness, reports Channels TV. The national electricity grid collapsed at 4:30 pm yesterda...
Minister of Power Adebayo Adelabu and Electricity Distribution Companies (DisCos) gave divergent reasons for continuous power outages in homes and offices. While the minister said it is due to negligence, DisCos blame it all on low generation, reports The Nation. Adelabu urged the Transmission Company of Nigeria (TCN) and DisCos to improve pow...
Distribution Companies, TCN summoned Electricity Distribution Companies (DisCos) are to be held accountable henceforth for poor power supply in the country, the federal government said yesterday. Tough sanctions, including licence revocation, await them, Power Minister Adebayo Adelabu threatened, reports The Nation. “Moving forward, I’m commit...
Despite the widespread blackout and the worsening state of electricity supply in Nigeria, the latest figures on the daily load summary of power distribution companies indicate that the firms failed to distribute about 1,769.91 megawatts of electricity between February 1 and 14, 2024. Data from the Transmission Company of Nigeria, obtained in A...
Over 600 complaints have been recorded against Ikeja Electricity Distribution Company at the electricity consumer complaints resolution platform. This includes arbitrary billing, unauthorised disconnection, customer abuse, disregard to capping, transformer issue, reports The Nation. The event, organised by Federal Competition and Consumer Prot...
The House of Representatives has mandated its committees on Power, Banking Regulations, Rural Electrification Agency, Housing and Habitat, to investigate the disbursement and use of funds under the National Mass Metering Program (NMMP) by the Central Bank of Nigeria (CBN) to the Licensed Electricity Distribution Companies (DISCOs). This follow...
Power Distribution Companies (DisCos) have resorted to rationing as data revealed that Nigeria is currently experiencing almost 16, 000megawatts power deficit despite having so far; issued generation licenses to 40 Generation Companies (GenCos). Data sourced from the Independent System Operator by Channels Television on National Peak Demand Fo...
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