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Tag : DISCOs

Business

Former MAN chairman kicks against electricity tariff increase

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The former chairman, Manufacturers Association of Nigeria (MAN), Ogun Chapter, Mr Wale Adegbite, on Wednesday faulted the new increment in electricity tariff in the country....
Business

Group tasks NERC on price of prepaid meters

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The All Electricity Protection Forum, an electricity advocacy group, has appealed to Nigerian Electricity Regulatory Commission (NERC) to reduce the cost of prepaid meters in...
Business

NERC: Electricity tariff increase takes effect September 1

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The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff with effect from September 1, 2020 (today). This comes three months after the...
Business

Expert lauds President Buhari for granting waiver on prepaid meters import levy

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An Electricity expert, Mr Mohammed Idris on Monday commended President Muhammadu Buhari for granting a one-year waiver on import levy on prepaid electricity meters. Idris...
Business

President Buhari moves to end arbitrary billing for electricity

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President Muhammadu Buhari has directed the commencement of a nationwide mass-metering programme as part efforts to put an end to estimated and arbitrary billing for...
Business

Nigerian banks to become collection agents for electricity payment

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The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to take charge of the collection of electricity bill payments in the country. The...
Business

Senate demands review of Power Sector Reform Act

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The Senate on Wednesday called for the review of the Power Sector Reform Act 2005. According to the upper chamber, a new and more dynamic...
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...