electricity distribution companies (discos)

  1. Nigeria Business News

    Business Consumers kick, slam NERC, DisCos over 50% tariff hike – Newtelegraph

    Electricity consumers, yesterday, protested the planned 50 per cent tariff increment by the electricity distribution companies (DisCos). The 50 per cent tariff increase, which is expected to begin from April 1, will raise the average tariff from the… Read more via Newtelegraph –...
  2. Nigeria Business News

    Business DISCOs have failed in electricity supply ― FG – Vanguard News

    THE Federal Government yesterday said that Distribution Companies, DISCOs have failed in supplying adequate electricity to Nigerian consumers. The government said it will no longer provide intervention funds as a subsidy to the DISCOs and may take drastic actions against … Read more via...
  3. Nigeria Business News

    Business FG threatens to dump DISCOs over inefficiency – Businessday NG

    Federal government on Wednesday threatened to dump the power distribution companies over epileptic power supply, blaming current epileptic power supply on the inability of distribution companies DISCOs to distribute stranded power The Minister, while lamenting that federal government has...
  4. Nigeria Business News

    Business Electricity consumers to pay more as DisCos hike tariffs – Newtelegraph

    Electricity consumers in Nigeria, who are still battling with estimated billing and insufficient power supply, will pay more tariff and cost on meters beginning from this week. Electricity Distribution companies (DisCos) have, according to checks by New Telegraph, slated February 1 to …...
  5. Nigeria Business News

    Business Budget: FG Allocates N2bn to 3,050MW Mambilla Power Project – Thisdaylive

    The federal government would part-fund the construction of the 3,050 megawatts (MW) Mambilla hydropower generation project with N2 billion in its 2020 budget cycle, details obtained from the 2020 budget document have shown. The government would also invest … Read more via Thisdaylive –...
  6. Nigeria Business News

    Business Nigeria needs N36 trillion investment to achieve stable power supply – Nairametrics

    It will take not less than $100 billion, approximately N36 trillion, to enable stable power supply in Nigeria. This is according to the Electricity distribution companies (Discos). The Discos said the N36 trillion worth of investments will be needed over a period of 20 years. How the … Read...