DISCOS – Page 2 of 2 – Prime Business Africa

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Consumers: Electricity Tariff Increase Insensitive To Plight Of Nigerians – PBA Survey Reveals

Nigerian consumers have expressed dissatisfaction with the proposed increase of electricity tariff across the country, saying it reflects the level of insensitivity of power distribution companies to the plight of the people.

Victor Ezeja

1 year ago

Business

Electricity Tariff To Rise By 30%, Discos To Factor In Inflation, Rising Dollar Rate

Stakeholders in the electricity sector have revealed that the cost of electricity will increase in December, as the tariffs will rise by 25-30%. According to the Director of Energy Markets and Rates

Fakoyejo Olalekan

1 year ago

Grid Collapse: We’re Working To Restore Power – TCN

Business·Power

Electricity Consumers Accuse TCN Of ‘Hidden Agenda’ Against Aba Power

Electricity Consumers Association of Nigeria (ECAN) has accused the Transmission Company of Nigeria (TCN) of acting in bad faith by disconnecting Aba Power from the nation’s sole transmission line last Friday over

Victor Ezeja

2 years ago

Business

TCN Threatens Defaulting Discos, Gencos After Aba Power Clampdown

The Transmission Company of Nigeria (TCN) has threatened to fine electricity Generation Companies (GenCos), and the transmission and Distribution Companies (DisCos) for non-compliance with the market rules. TCN said it will partially or

Fakoyejo Olalekan

2 years ago

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business

Calls To Sell Transmission Company of Nigeria Meant To Spread Panic – FG Counters Claim

Contrary to several media reports, the Transmission Company of Nigeria (TCN) will not be sold by the Nigerian government, a statement released on Wednesday by the Federal Government has shown. There have

Fakoyejo Olalekan

2 years ago

Business

Nigerian Gov’t Lashes Out At Investors Over Failing Electricity Companies

The Director-General of government agency, Bureau of Public Enterprises (BPE), Alex Okoh, has criticised comments by the sacked owners of Benin, Kano, Kaduna and Ibadan Distribution Companies (DisCos). Last week, Fidelity Bank

Fakoyejo Olalekan

2 years ago

Business·Latest News

Full List: Fidelity Bank Takes Over Kano, Kaduna, Benin DisCos, Appoints New Board Members

Fidelity Bank has taken over three electricity distribution companies (DisCos) in Kano, Benin and Kaduna, and changed the management of the firms over debt. The company temporary takeover will result into a

Fakoyejo Olalekan

2 years ago

Nigeria borrowed N1.3tn in four years to subsidise electricity – World Bank

The World Bank has said that the Federal Government has borrowed a total of N1.3tn since 2017 to ensure that generation companies and gas suppliers received enough payments to continue generating electricity.

Editor

3 years ago

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DISCOS - Page 2

Consumers: Electricity Tariff Increase Insensitive To Plight Of Nigerians – PBA Survey Reveals

Electricity Tariff To Rise By 30%, Discos To Factor In Inflation, Rising Dollar Rate

Electricity Consumers Accuse TCN Of ‘Hidden Agenda’ Against Aba Power

TCN Threatens Defaulting Discos, Gencos After Aba Power Clampdown

Calls To Sell Transmission Company of Nigeria Meant To Spread Panic – FG Counters Claim

Nigerian Gov’t Lashes Out At Investors Over Failing Electricity Companies

Full List: Fidelity Bank Takes Over Kano, Kaduna, Benin DisCos, Appoints New Board Members

Nigeria borrowed N1.3tn in four years to subsidise electricity – World Bank

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