Electricity distribution companies (DisCos) have expressed doubts over the Federal Government’s directive that prepaid meters must be provided free of charge to all categories of electricity consumers, sources told The Punch. The concerns come after Adebayo Adelabu, Minister of Power, on Thursday, banned DisCos and meter installers from collecting any payment for newly imported […]
Mathew Dadiya, Abuja The Electricity Distribution Companies (DisCos) in Nigeria may lose its ownership as the Federal Government on Thursday, disclosed that it will restructure the power sector to optimize the operations of DisCos in the country. President Muhammadu Buhari, represented by Zainab Ahmed, minister of state for Budget and National Planning, said this at […]
The Nigerian Electricity Regulatory Commission (NERC) that has been monitoring the Electricity Distribution Companies (Discos), Electricity Generation Companies (Gencos) and Transmission Company of Nigeria (TCN) indicated in its report that many of them performed below expectation in six months (between Q4’16 and Q1’17). The report disclosed that Kaduna, Port Harcourt, and Yola Discos were the […]