DisCos Face Fresh Sanctions as NISO Rejects Repayment Plans Over N1.5tn Debt
Electricity distribution companies in Nigeria could face fresh sanctions over approximately N1.5 trillion in outstanding obligations after the Nigeria Independent...
Tag Archives: #Discos
FG Nets Off 97% of DisCos’ N2.6tn Electricity Market Debt
The Federal Government has netted off about 97 per cent of more than N2.6 trillion in outstanding obligations owed by...
NERC Tightens DisCos’ Access to Operational Revenue
The Nigerian Electricity Regulatory Commission, NERC, has introduced tighter controls on how electricity distribution companies, DisCos, can use surplus operational...
Electricity Subsidy Crisis Deepens as 9 Nigerian DisCos Remain Dependent on Government Support
Nigeria's electricity distribution sector is facing renewed financial pressure, with nine of the country's 11 electricity distribution companies reportedly still...
National Grid Upgrade: FG to sue DisCos Over Unsafe Installations
The Nigerian Electricity Management Services Agency (NEMSA) has announced its intention to pursue legal action against electricity Distribution Companies (DisCos)...
NERC Mandates Discos to Procure 398MW of Embedded Generation to Boost Power Reliability
The Nigerian Electricity Regulatory Commission (NERC) has directed electricity Distribution Companies (Discos) to procure a minimum of 398MW of embedded...