discos

Constant Power Failure Five Discos Will Be Restructured -FG

Power Failure: Five Discos Will Be Restructured, FG Confirms

July 6, 2022 6:59 am

The federal government of Nigeria has announced the restructuring of five electricity distribution companies, also known as DISCOs, in the country to improve the power sector.

This decision was contained in a statement jointly signed on Tuesday by the Executive Chairman of the Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba, and Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh.

According to the statement which was sighted by Africa Daily News, New York on Wenesday, the affected companies are Kano Electricity Distribution Company (KEDCO), Ibadan Electricity Distribution Company (IBEDC), Benin Electricity Distribution Company (BEDC), Kaduna Electric, and Port Harcourt …

NERC suspends electricity tariff hike

NERC Suspends Electricity Tariff Hike

September 30, 2020 8:16 am
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.

The commission’s suspension order of the Multi-Year Tariff Order (MYTO) 2020 signed by Prof James Momoh, NERC’s Chairman was released on its website on Wednesday.

The Federal Government agreed that the recent review in electricity tariffs …

DISCOs Ready to Give Nigerians Free Electricity

DISCOs Ready to Give Nigerians Free Electricity

April 9, 2020 6:00 am

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 Association of Nigerian Electricity Distributors (ANED), confirmed the DISCOs support for the move on Wednesday in Abuja.

The House of Representatives is considering a Stimulus Bill that will allow Nigerians to enjoy free electricity supply for two months.

Read Also: No Electricity Disconnection During Lockdown

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The Discos And Service Delivery

January 27, 2020 8:05 am

The question of service delivery in the Nigerian power sector is a highly sensitive one and probably the most discussed in Nigeria today after politics and security. The distribution sector of the electricity value chain is constantly in the news, embroiled in one service delivery controversy or the other. Some of the areas where customers have expressed strong reservations include metering, estimated billing, deployment of poor technology as well as other distribution infrastructure thus leaving the sector in a state of comatose.

The recent uproar over the news of the review of the MYTO II tariff once more drew attention …

Reps Panel Orders NERC, Discos To Suspend Tariff Hike

January 14, 2020 2:31 pm

The House of Representatives, through its committee on Power has directed the Nigeria Electricity Regulatory Commission (NERC) to suspend its planned electricity increment.

The electricity regulatory body had earlier announced planned hike which will take effect from April.

The committee chaired by Aliyu Magaji made the announcement today during a meeting with NERC and other stakeholders.

The Minister of Power, Mamman Saleh was represented by the Permanent Secretary of the ministry, Ahmed Abdul.

Speaking at the meeting, the chairman of the committee stated that, “it would be criminal for Discos to continue to bill consumers if the estimated prohibition

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NERC: Discos To Pay For Rejecting Electricity

‘How Eight Discos Escaped Licence Revocation’

January 8, 2020 7:47 pm

Fresh facts have emerged as to how eight out of the 11 electricity distribution companies (Discos) were able to escape the withdrawal of their licences by the Nigerian Electricity Regulatory Commission (NERC).

In October last year, the NERC had served the Discos notices of intention to cancel their distribution licences for allegedly breaching
provisions of the Electric Power Sector Reform Act (EPSRA) 2005; terms and conditions of their respective distribution licences; and the 2016 to 2018 minor review of the Multi Year Tariff Order (MYTO) and Minimum Remittance Order for 2019.

The affected Discos included Abuja; Benin; Enugu; Ikeja; Kaduna; …

FG Directs Discos To Stop Cash Payment From Consumers

January 2, 2020 12:12 pm

The federal government had regulated electricity distribution companies (DisCos) to utilise electronic platforms for the payment of energy bills across the country.

The Nigerian Electricity Regulatory Commission (NERC) declared the motility is to lessen the aggregate technical, commercial and collection losses the DisCos are battling with.

The commission asked the DisCos to leverage available banking channels approved by the Central Bank of Nigeria (CBN) to ensure prudence in the utilization of market funds.

While the power firms have until January 31 to migrate industrial and commercial customers to their cashless electronic platforms, they have till March 31 to move …

Is There A Curious Plan To Cripple DISCOs?

December 15, 2019 6:57 am

Although the electricity workers have called off their industrial action barely 24-hours after it was declared and the country was plunged into total darkness, not many Nigerians felt the impact, as people are used to regular power outage.  People get surprised if there is uninterrupted electricity supply for a while. They will then question what may be responsible for the unusual stability.

The electricity sub-sector has been bastardised and from the look of things, respite is not in sight any time soon. There is need for a complete overhaul of the entire power structure. What is on ground at the …

Enugu, PH Discos Fail NERC’s Review, May Lose Licenses

December 14, 2019 12:23 pm

The Nigerian Electricity Regulatory Commission (NERC) yesterday concluded the review of responses submitted by the eight electricity distribution companies (Discos) that were under the threat of losing their operational licenses for reportedly abusing sections of the Electric Power Sector Reform Act (EPSRA) 2005.

At the end of the exercise, two distribution companies – Enugu and Port Harcourt Discos were said to have failed the regulatory agency’s review process.

Both Discos, according to a NERC document, are under serious threat of losing their licenses and their managing directors would have to face a fresh regulatory panel, which would determine their absolute …

TCN Tells NERC To Reset Discos’ Books Over ₦270bn debt

TCN Tells NERC To Reset Discos’ Books Over ₦270bn debt

September 28, 2019 6:02 pm

The Transmission Company of Nigeria has asked the Nigerian Electricity Regulatory Commission to reset the books of power distribution companies in order to help clear the N270bn debt which the Discos owe the TCN.

The TCN also declared on Friday in Abuja that it now had the capacity to offset the $1.6bn loans it received from various multilateral donors.

Managing Director of the company, Usman Mohammed, disclosed these at a TCN and donor stakeholders’ meeting.

He said, “We ask that the Nigerian Electricity Regulatory Commission should agree to reset the books of the Discos. They (Discos) owe the TCN N270bn. …

Blame Citizens For Challenges In Power Sector – Mr Speaker

September 27, 2019 4:03 am

Speaker of the House of Representatives Femi Gbajabiamila says that unpatriotic activities of serving and retired public office holders are responsible for the socio-economic misfortune in the power sector.

Gbajabiamila spoke while declaring open the investigative hearing into the Federal Government’s abandoned power projects from 1999 to date.

The speaker, represented by the Chief Whip, Rep. Mohammed Monguno (APC-Borno), expressed his displeasure with the state of power in the country.

He said that the motion on the need to review government’s expenditure on the power sector to ensure sustenance of the power reform programme in Nigeria was referred to the …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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