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The House of Representatives, yesterday, demanded for a N500 billion capital base for electricity Distribution Companies ( DISCOs) operating in the country. The development followed the...
President Bola Ahmed Tinubu kept mum as the recent 240 per cent electricity tariff hike worsens the suffering being faced by Nigerians. DAILY POST reports that...
The Nigerian Electricity Regulatory Commission, NERC, has issued distribution companies, DisCos, a deadline to refund customers who were wrongly billed due to the recent tariff hike...
The Federal Government, on Wednesday, threatened to revoke the licences of power Distribution Companies over persistent poor power supply across the country. The Minister of Power,...
He said state governments will now be allowed to generate power independently to supply power to their states.
The Ministry of Finance Incorporated (MOFI) has taken over from the Bureau of Public Enterprises (BPE), the Federal Government’s equity holdings in the 11 successor electricity...
Some power experts have condemned the increase in electricity tariff, describing it as arbitrary and calling for the immediate reversal of the increase. The experts who...
Electricity distribution companies have quietly increased the tariff payable by power consumers across the country. Although most of the Discos did not make this public, electricity...
Labour Party presidential candidate, Peter Obi plans to remove non-performing investors of distribution companies (DisCos) if elected as president in 2023. This is according to his...
The Bureau for Public Enterprises (BPE) has said the take-over of four electricity Distribution Companies (DisCos) namely; Kaduna, Kano, Ibadan and Port Harcourt DISCOs has been...