Tag: Discos
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Reps summon CBN, DISCOs, contractors over $321m loans for electricity projects
The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies (DISCOs) in connection with alleged mismanagement of the US$321 million and N18.2 billion loans.
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Tariff increase: Discos request for rate review – FG
Eleven successor electricity companies have applied for a review of their respective electricity tariffs, the Federal Government has disclosed.
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NERC orders DISCOs to stop billing disconnected customers
The Nigerian Electricity Regulatory Commission (NERC) has put a stop to a sharp practice by electricity distribution companies (DISCOs) in the country.
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We’re committed to overcoming electricity transmission challenges – TCN
The Governing Board of Transmission Company of Nigeria (TCN) on Tuesday said the company was more prepared to meeting the challenges of electricity transmission in the country.
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FG takes over four DISCOs, constitutes NELMCO Board
The Federal Government has completed the takeover of four electricity distribution companies (DISCOs). The Vice President, Prof Yemi Osinbajo, stated this in a press statement on Friday. The statement noted that government has also constituted the Board of the Nigeria Electricity Liability Management Company (NELMCO). “The newly board would enhance ongoing efforts to resolve the…
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We’ll ensure changes in DisCos don’t disrupt service – FG
The Minister of Power, Mr Abubakar Aliyu says the ministry will ensure that the changes in corporate governance do not impact on the service and stability of the Distribution Companies (DisCos). Mal Isa’ Sanusi, Special Adviser on Media to the Minister of Power, made this known in a statement in Abuja on Wednesday.
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FG tells DISCOs to refund Nigerians who bought electricity meters
The Federal Competition and Consumer Protection Commission (FCCPC) has said Electricity Distribution Companies (DISCOs) should make refunds to consumers who purchased meters.
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FG again warns DISCOS to stop selling meters
The Federal Government on Thursday in Abuja cautioned Distribution Companies (DISCOS) again against selling electricity meters to customers, saying procurement of meters is free of charge.
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NERC orders DisCos to suspend electricity tariff hike
The Nigerian Electricity Regulatory Commission (NERC) has ordered the 11 Electricity Distribution Companies (DISCOs) to suspend the Sept. 1 tariff increase for 14 days. The suspension is in line with the agreement reached with the organised Labour on the suspension of strike over the hike in electricity tariff and increase in pump price of petrol.…
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No tariff increase for customers enjoying less than 12 hours electricity daily – NERC
The Nigerian Electricity Regulatory Commission (NERC) on Friday insisted that electricity Distribution Companies (DisCos) must not increase tariffs of customers enjoying less than 12 hours of power supply daily. Mr Dafe Akpeneye, NERC Commissioner, Legal Licensing and Compliance, made the clarification during the regulatory agency’s online town hall meeting with customers on the new electricity…