NERC warns DisCos against forcing customers to pay for meter replacement
NERC says DisCos are mandated to replace faulty or outdated meters at no cost to customers, provided the meter’s fault…
Despite epileptic power supply in several parts of the country, DisCos monthly revenue rises by N5bn
The electricity distribution companies raised their monthly revenue from N95bn in January to N100bn in March 2024 despite low power…
Banks take over Benin, Kano, Kaduna DisCos over multi-billion naira debt
Top Nigerian lenders and two firms namely Fidelity Bank Plc, Stanbic-IBTC, Keystone Bank Limited, ALM Consulting Limited and Stanbic-IBTC Trustees…
FG to sanction DisCos selling prepaid meters
The federal government has threatened to sanction officials of any electricity distribution companies (DisCos) who sell prepaid meters to customers.…
Firm seeks $1.2 bn to purchase electricity meters for consumers
MAPCo plans to raise N480 billion to purchase electricity meters and to help the DISCOs plug revenue gaps in their…