Tag: Discos
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Light bill: Buhari addresses recent tariff adjustment by DisCos
…says timing of new tariff, new PMS price coincidental President Muhammadu Buhari on Monday touched on the recent service based tariff adjustment by electricity distribution companies (DisCos) in the country. TheNewsGuru.com (TNG) reports Buhari as saying the recent service based tariff adjustment by the Discos was a source of concern. The President made these comments…
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COVID-19: DISCOs pledge two-month free electricity for Nigerians
The Electricity Distribution Companies (DisCos) have given assurance of their support for the plan to supply free electricity to all consumers. It is one of the palliative measures being considered by the National Assembly to bring succour to Nigerians in the face of COVID-19 induced economic paralysis. Mr Sunday Oduntan, Executive Director, Research and Advocacy…
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Inefficient DISCOS crave for tariff hikes, By Ehichioya Ezomon
By Ehichioya Ezomon From a 78 per cent January 2020 upward review – reportedly heavily subsidised by the government – Nigerians will bear further burden of a 35 per cent hike in electricity tariffs from next month. The increase will lift the current N24 per kilowatt of electricity to N32. This is a fallout from…
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DisCos lack capacity to meet Nigeria’s electricity demands – TCN
Power Distribution Companies (DisCos) lack the capacity to meet the nation’s electricity needs, Transmission Company of Nigeria (TCN) Managing Director Usman Mohammed has said. Mohammed, who spoke in Lagos on Monday, said the privatisation process produced weak Discos. “Some mistakes were made in the privatisation of the power sector and the mistakes led to very…
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FG orders increase in electricity tariffs
ELECTRICITY tariff is going up across the country, and this is official. The 11 electricity distribution companies (DisCos) have the mandate of the Nigerian Electricity Regulatory Commission (NERC) to effect the tariff increase from April. These are: Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu Electricity Distribution Company, Eko Electricity Distribution Company, Ibadan Electricity…
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NERC orders DisCos to increase tariff from Jan 1
The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 electricity distribution companies (DisCos) to increase their tariff effective from January 1, 2020. The NERC published the new tariffs for the different DisCos and categories of customers on its website via its order dated 31st December, 2019, which its chairman, Prof. James Momoh and Secretary…
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Nationwide blackout as power grid collapses
Nigeria was yesterday thrown into darkness as the National Electricity Transmission System, also known as power grid, suffered total collapse for the 12th time between January 1 and December 11, 2019. The collapse came exactly 32 days after the last failure pushed distribution companies across the country into power load shedding. The National Electricity Transmission…
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Estimated Energy Billing: Reps pass bill to prohibit DISCOs
By Emman Ovuakporie Members of the House of Representatives on Thursday endorsed a bill for an act to amend the electric power reform act to prohibit and criminalise estimated billing by the electricity distribution companies. The House had passed the Bill in the eighth national assembly but was recently reintroduced after the senate failed to…
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Buhari tasks Siemens, TCN, Discos on 11,000 megawatts by 2023
President Muhammadu Buhari on Monday challenged Siemens, distribution and transmission companies and the electricity distribution company of Nigeria to work hard to achieve 7,000 mega watts by 2021 and additional 11,000 mega watts by 2023 and overall grid capacity to 25,000 megawatts. He gave the charge when the Federal Government of Nigeria signed electricity road…
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Reps Pass Bill Criminalizing Estimated Billing by Discos
From Jonas Ike, Abuja …House empty as eighteen lawmakers hold plenary The House of Representatives on Tuesday passed a bill criminalizing estimated billing by distribution companies in the power sector who supply electricity to individualsls and companies at outrageous costs. The bill was entitled: ‘A bill for an Act to Amend the Electric Power Sector…