DisCos’ Revenue Declines by 1.12% to N291 Billion in Q1 2024
The electricity distribution companies (DisCos) in Nigeria generated revenue of N291.62bn in the first quarter of 2024 down slightly when compared to...
discos
Electricity: Nigerian govt mulls unbundling of 11 DisCos
The Federal Government plans to unbundle Eleven Electricity Distribution Companies into different states to enhance involvement for more localized oversight....
Mass disconnection looms over N96bn DisCos customers’ debts
Following the N95.8 billion owed by customers, there are indications that all electricity distribution companies (DisCos) may embark on mass...
DisCos earn N1.3trn from electricity bill in 23 months – NERC
An estimated 12.792 million registered consumers paid at least N1.367 trillion as bills for power supply to the 11 distribution...
Nine DisCos in Nigeria near bankruptcy years after privatisation – Minister of Power
The Minister of Power, Engr Abubakar Aliyu, has disclosed that nine electricity distribution companies out of the eleven are almost...
