Is Discos deceiving critics with sudden N935bn five-year investment plans?
There are strong speculations that the recent indication that electricity distribution companies (Discos) are set to invest N935bn in their networks stemmed from unprecedented complains and outcries of both the Transmission Company of Nigeria (TCN) and even generation firms. However,…
Nigerians can acquire meters without upfront payment from August—NERC
Considering the observed snail speed by electricity Distribution Companies (Discos) in giving out prepaid meters in collaboration with Meter Access Providers (MAPs), the Nigerian Electricity Regulatory Commission (NERC) has ruled that electricity customers will from August, acquire meters without upfront…
Nigerians worried over NERC delay in releasing tariff cap on estimated billing
Nigerians yet to secure prepaid meters from their electricity Distribution Companies (Discos) nationwide, have accused the management of the Nigerian Electricity Regulatory Commission (NERC) of connivance with Discos in robbing them off with arbitrary estimated billing. Venting their anger at…
Lagos risks darkness if Eko, Ikeja Discos fail TCN’s MO condition
Time is ticking away for the two electricity Distribution Companies (Discos) serving Lagos if they fail to meet up the required amount established by Market Operator (MO) to serve as a form of guarantee of payment for all amounts to…
National electricity grid collapses for the eighth time this year, TCN blames Discos
Blame game has intensified between the government-owned Transmission Company of Nigeria (TCN) and the body of electricity Distribution Companies (Discos) over the endless wait for the regime of seamless stability in power. Weekend, Business Hilights gathered that the Nigerian national…
May rollout of prepaid meters by MAPs, Discos unrealistic due to logistics—Balogun
Strong indications have emerged showing that it is no more feasible for the nationwide rollout of prepaid meters for electricity consumers by Meter Access Providers (MAPs) and electricity Distribution Companies (Discos). Recall that on April 5, the Nigerian Electricity Regulatory…
MAP: Pay for meter, get it installed in 10 days from May 1, NERC tells Nigerians
Barring any usual last minute summersault, the Nigerian Electricity Regulatory Commission (NERC) has issued permits to meter asset providers (MAPs) to begin the roll out of new meters by May 1. Analysts say this may be the official response to…
Debts, power rejection disincentives capable of halting production—Discos
Transmission challenges, debt pile ups due to the yet to be checked tactics of electricity Distribution Companies (Discos) in evacuating far less than produced powers by generating Companies (Gencos) have been fingered as great disincentive to increase power generation. The…
Only metering’ll guarantee tariff collection efficiency index for Discos—Expert
Reference to recent third quarter report by Nigerian Electricity Regulatory Commission (NERC), which revealed that the total billing to electricity consumers by the 11 electricity distribution companies (DisCos) was N172.9bn in the third quarter of 2018 but only a total…
Inability to meter Nigerians a deliberate fraud by Discos—NERC
…Says 55% of electricity consumers lack meters 5 years on
