Tag: Discos
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DisCos rake in N553.63 billion revenue in Q1
The Nigerian Electricity Regulatory Commission (NERC) on Thursday disclosed that Electricity Distribution Companies (DisCos) collected a total revenue of N553.63 billion in the first quarter of 2025.
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DisCos’ blackmail of government to retain subsidy on tariffs – By Ehichioya Ezomon
In March 2025, the Nigerian Electricity Regulatory Commission (NERC) released the performance report of 2024/Q4 in comparison to 2024/Q3 by the 11 electricity Distribution Companies (DisCos) in the country. While the report speaks of Eko DisCo (90.00%) and Ikeja DisCo (82.63%) as recording the highest collection
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Incessant grid collapse affecting DISCOs’ operations – JEDC
Dr Elijah Adakole, Head, Corporate Communications, Jos Electricity Distribution Company (JEDC), says the reoccurring national power grid collapse is affecting Distribution Companies’ (DISCOs) revenue generation.
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DisCos rake in N431.16bn revenue for Q2 2024
The Nigerian Electricity Regulatory Commission (NERC) says the total revenue collected by all Electricity Distribution Companies (DisCos) in quarter two hit N431.16 billion.
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Just in: Reps order NERC, DISCOs to reverse tariff hike now
The House of Representatives has asked the Nigeria Electricity Regulatory Commission, NERC, and the distribution companies, DISCOs, to reverse the tariff hike for Band A customers. This directive was given on Tuesday after the adoption of a report presented by the House Committee on Power. It would be recalled that NERC announced a hike affecting…
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How Discos generated N293bn in first quarter
Reports on the commercial performance of distribution companies obtained from the Nigerian Electricity Regulatory Commission has shown that the power firms raked in N95.26bn as revenue collections from their various customers in January 2024.
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Electricity tariff hike: NBA threatens lawsuit against Discos
The Nigerian Bar Association (NBA), Ikeja Branch, has given the Federal Government and Electricity Distribution Companies (Discos) a seven-day ultimatum to reverse to the old electricity tariff or face a lawsuit. The chairman of the branch, Mr Seyi Olawunmi, said this at a news conference on Tuesday in Lagos.
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New tariff: Discos get April 11 deadline to refund customers wrongly billed
The Nigerian Electricity Regulatory Commission (NERC) has given 11 electricity distribution companies till April 11, 2024, to refund customers wrongly billed at the new rate. This was contained in a document signed by Mr Abba Terab, the DGM, Market Competition and Rates
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NERC sanctions 11 electricity distribution companies
The Nigerian Electricity Regulatory Commission (NERC), says it has sanctioned eleven Electricity Distribution Companies (DisCos) for non compliance with capping of estimated bills for unmetered customers.
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New Year: Discos set to increase electricity tariff nationwide Jan 1
Disco, Nigeria’s electricity distribution companies, have reportedly concluded plans to hike electricity tariff nationwide with effect from January 1, 2024. A source in one of the DisCos confirmed the development to Newsmen under anonymity.