February 8, 2025
Home Posts tagged DISCOs
Business

Consumers kick as DisCos increase electricity tariff

By Godwin Anyebe Power consumers across the country have kicked against the quietly increased power tariff by Electricity Distribution Companies (DisCos). Although most of the Discos did not make this public, electricity users have described it as “a perfect robbery” amidst the harsh economic realities in Nigeria currently. Reacting to the price hike, a resident […]
Headlines

FG announces restructuring of five DisCos

The Federal Government has announced the restructuring of five electricity distribution companies, also known as DIsCos, in the country. This was contained in a statement jointly signed on Tuesday by the Executive Chairman of the Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba, and Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh.
News

Jos DISCO spent N1.4Billion to procure meters

By Kingsley Chukwuka The management of Jos DISCO on Tuesday said it spent N1,450, 000, 000 (one billion, four hundred and fifty million naira) to procure 20,000 meters out of which it has received a delivery of 6,000, Daily Times gathered. The electricity company said the meters will be delivered to its franchise states of […]
Power & Energy

FG should order Discos to reverse electricity tariff — Landlord Tenant Association

A group,  Landlords and Tenants Association of Nigeria, has called on the Federal Government to order electricity distribution companies (Discos) to reverse the increase in tariff. READ ALSO: EDITORIAL: No to hike in fuel price, electricity tariff Daily Times Nigeria gathered that the association who briefed newsmen during the weekend in Ijora-Badia, Lagos State, also
Business

DisCos, FG agree to provide free electricity for 2 months

The Electricity Distribution Companies (DisCos) announced that they have agreed with the Federal Government to provide a two-month rebate of free electricity to their customers all over the country. In a statement on Wednesday by the Executive Director, Research and Advocacy at the Association of Nigerian Electricity Distributors (ANED), Barrister Sunday Oduntan said the
News

Lagos customers praise, knock DisCos over power supply

Mixed reactions have continued to trail the supply of electricity to customers by Eko Electricity Distribution Company (EKEDC) and Ikeja Electric (IE) during the ongoing lockdown of Lagos state. While some customers praise the DisCos for delivering quality supply to their areas so far during the mandatory stay at home period, others are dissatisfied with […]
Opinion

Discos and the tantrums of an ‘Abiku’

From April 1, consumers in Nigeria should brace up to cough out more money to electricity Distribution Companies (DisCos) who have wangled another tariff hike, no thanks to an industry watchdog habitually pandering to the tantrums of the corporations like a doting parent panders to the demands of an ‘Abiku’. The Yoruba “Abiku” (“Ogbanje” to […]
Opinion

Nigeria’s electricity problem: FG vs DisCos

Here is the main problem with Nigeria’s electricity sector: Nigeria is Africa’s most populous nation, but it has failed consistently to generate, transmit and distribute enough electricity to power its development process and accelerate economic growth. Between 1999 and 2007, President Olusegun Obasanjo focused on the reform of the electricity sector as one of the […]
Business

NERC orders DisCos to hike tariff by 50%

Nigeria Electricity Regulatory Commission (NERC) has ordered  the eleven  electricity Distribution Companies (DisCos) to hike their tariffs by an average of 50 per cent come April 1. In its memo to the commission, Ikeja Electric (IE) Plc said,  the directive was in place, in order  for them to meet the tariff shortfall funding targeted for […]
Business Featured Headlines

Electricity billing: Transit to cashless billing, collection, NERC orders DisCos’

In order to ensure optimal utilization of resources for the provision of electricity services, the Nigerian Electricity Regulatory Commission (NERC), has ordered electricity distribution companies (DisCos) to transit into cashless collection of electricity bills. The new directive is contained in a document, jointly signed by its Chairman, James Momoh and Commissioner,