DisCos
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Business
Discos rake in N291 billion despite unstable power supply nationwide
Nigeria's electricity distribution companies (Discos) made N291.62 billion in the first quarter of 2024, despite a severe power crisis in…
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Business
FG frees GenCos others from Withholding Tax
The Federal Government has grouped all electricity companies together, including the Generation and Distribution Companies (GenCos and DisCos), and exempted…
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Business
Discos generate N293bn despite blackout
Power distribution companies made a total of N292.71bn revenue in the first quarter of this year despite complaints of inadequate…
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Business
TCN and DISCOs dispute over decrease in 20-hour power supply amid tariff hike
As frustration grows among Band A customers due to the inability of Electricity Distribution Companies (DisCos) to fulfill the promised…
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Business
DISCOs generated N294.9bn in Q4 2023 – NBS
The National Bureau of Statistics (NBS) disclosed that Electricity Distribution Companies, DISCOs, in Nigeria generated a total of N294.95 billion in…
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Business
Revoke licenses of non-performing Discos – FG
The Federal Government has ordered Nigerian Electricity Regulatory Commission, NERC, to revoke the licenses of electricity distribution companies, DISCOs, and…
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Nigerian News
Minister of Power meet GenCos, DisCos over blackout
As the power situation in the country continues to raise concerns, the Minister of Power, Bayo Adelabu, held a meeting…
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