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Tag : DISCOs

Business

DisCos advocate CBN-funded massive roll-out of meters to address power challenge

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Power Distribution Companies (DisCos) have advocated a Central Bank-funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on...
Business

House of Reps: GENCOs, DISCOs have failed Nigerians

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The House of Representatives declared yesterday that Power Generating Companies, GENCOs, and Distribution Companies, DISCOs, have failed, saying they have disappointed the citizenry. The lawmakers...
Business

NERC begins review of Discos’ responses to queries on capping order

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The Nigerian Electricity Regulatory Commission (NERC) said Tuesday that it is reviewing the responses of some power distribution companies (Discos) to its queries on the...
Business

Tariff hike: Electricity consumer group says National Assembly intervention timely

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A group, All Electricity Consumers Protection Forum, on Thursday commended the National Assembly for playing a pivotal role in halting the increment in tariffs by...
Business

DisCos: Why National Assembly suspended electricity tariff increase

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The call for the suspension of the proposed service reflective tariff was initiated by the National Assembly on Monday due to their concerns on its...
Business

Tariff hike: NERC’s silence won’t stop implementation July 1 – DISCOs

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The Electricity Distribution Companies, DISCOs, said yesterday that they have resolved to continue with the implementation of the upward review of the electricity tariff slated...
Business

NERC cannot deny involvement in new tariff increase – DisCos

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The Electricity Distribution Companies (DisCos) have decried the recent attempt by their regulatory body, the Nigerian Electricity Regulatory Commission (NERC), to distance itself from the...
Business

Meter manufacturer urges Nigerian government to grant sector ‘special’ forex regime

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Sabrud Consortium, an indigenous electricity prepaid metre manufacturing firm, has urged the Federal Government to grant special forex regime to the sector. It also applauded...
Business

Lamentation as consumers decry ‘huge’ electricity bill

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For two consecutive months, electricity consumers in Lagos have been lamenting over high electricity bills which they described as outrageous. Most of the residents had...