30 results
- 12 May 2025
NERC Orders DisCos to Compensate Band A Customers in 557 Streets
Nigerian Electricity Regulatory Commission (NERC) has directed nine electricity Distribution Companies (DisCos) to compensate Band A customers residing in 557 streets across their franchise areas for…
- 3 Jul 2025
AMCON Confirms ₦100Bn Sale of Ibadan DisCo Amid Legal Disputes
Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC), one of the five power distribution companies previously under its…
- 10 Oct 2018
Quickteller Paypoint Stops Collection of N100 Transaction Fee
Quickteller Paypoint, Interswitch Financial Inclusion Services (IFIS), have announced that customers using its platform would no longer be charged a fee to complete some transactions. The…
- 22 Jul 2024
AEDC Rejigs Management Team; Appoints Chijoke Okwuokenye as MD/CEO
Abuja Electricity Distribution Company (AEDC) has announced the appointment of Engr. Chijioke Okwuokenye as the acting Managing Director, with immediate effect. Engr. Chijioke Okwuokenye This…
- 13 Apr 2020
DisCos Ask Nigerians to Pay Their Bills, Say No Free Electricity Yet
Port Harcourt Electricity Distribution Company (PHED) has said it no plans yet to offer two months free electricity to customers as palliative to cushion the effect of COVID-19 lockdown. Also, Abuja…
- 18 Jan 2024
AEDC, Others Partner to Deliver Uninterrupted Power Solution in Abuja
Abuja Electricity Distribution Plc (AEDC), on Thursday, 18th January, 2023, consolidated its lead in the provision of integrated power solutions with the signing of a tripartite agreement with…
- 7 Dec 2016
‘Hawk Eye’ Mobile App Launches for National Security & Crime Reporting
In a bid to curb the disturbing nuisances that stem from criminality in our society, Web Asset Limited, a Lagos-based technology company, has launched an interactive crime reporting system tagged…
- 31 May 2024
AEDC Announces Disconnection of Electricity Service to All Debtors
Abuja Electricity Distribution Company (AEDC) is notifying all customers with outstanding bills to settle their accounts immediately to avoid service disruption. Adefisayo Akinsanya, head, Marketing…
- 25 Apr 2017
Gencos Accuse DisCos of Hiding Accounts
The crisis in the Nigerian Electricity Supply Industry (NESI) got messier as the electricity generation companies (Gencos) asked the electricity distribution companies (DisCos) to open their account…
- 6 Mar 2024
FG Threatens to Revoke Licenses of DisCos over Poor Power Supply
Federal Government has threatened to revoke the licences of power Distribution Companies over epileptic power supply across the country. The Minister of Power, Adebayo Adelabu, made this known on…
- 8 Dec 2021
UBA Takes over AEDC over Failure of KANN Consortium to Service Debt
Nigeria Electricity Regulatory Commission (NERC) and the Bureau of Public Enterprises (BPE) have approved the takeover of Abuja Electricity Distribution Company (AEDC) by the United Bank for Africa…
- 1 Jun 2024
AEDC to Disconnect Nigerian Police, Army Headquarters, Others Over Unpaid Debts - See List Below
Abuja Electricity Distribution Company (AEDC) has announced plans to disconnect several major customers, including the Nigerian Police and Army Headquarters, due to unpaid electricity bills. This…
- 8 Sept 2015
CPC Probes Discos over ‘Outrageous’ Billings
Consumer Protection Council (CPC) has set up a panel to investigate Electricity Distribution Companies (DISCOs) in Nigeria over series of allegations bothering on breach of consumers rights. Mrs.…
- 20 Jun 2015
FG to get AFD Grant for Transmission Network
Federal government on Friday in Abuja said it was working with the Agence Française de Development (AFD) to secure a grant of 170 million Euros for the building of transmission networks in Abuja…
- 4 May 2018
Abuja Disco Sacks 500 Staff
No fewer than 500 workers of the Abuja Electricity Distribution Company (AEDC) have been sacked by the management of the organisation. Some of those sacked were said to be senior staff and…
- 7 Dec 2021
Buhari Sacks Management of AEDC over Strike by Staff
President Muhammadu Buhari has sacked the management of Abuja Electricity Distribution Company (AEDC) over Monday’s strike by the staff. A statement from the office of Goddy Jeddy-Agba, minister of…
- 8 Apr 2020
COVID-19: Discos Gift Nigerians 2 Months Free Electricity
Association of Nigerian Electricity Distributors (ANED), the umbrella body of Electricity Distribution Companies, otherwise DISCOS, said, that they were in support of proposal by the National…
- 13 Dec 2021
New Board and Interim Management of AEDC Assume Office
A new board and interim management of Abuja Electricity Distribution Company (AEDC) recently assumed office. Victor Osadolor The board is made up of Victor Osadolor as chairman. Osadolor is currently…
- 31 Oct 2013
UBA Grows Loan Book By 26.7%, Income Hits N48Bn
United Bank for Africa Plc (UBA) has released its nine months financial results, showing a significant 26.7% growth in loan portfolio, as the bank positions to take advantage of emerging…
- 19 Apr 2013
FG Targets $2.6Bn from Sale of Power Assets
Bureau of Public Enterprises (BPE) is expected to generate over $2.6 billion for the federal government in the 2013 fiscal year through the sale of power assets. Already, the potential core…
- 28 Dec 2021
DisCos Explain Why They Take over Transformers, Cables Bought by Consumers
Association of Nigerian Electricity Distributors (ANED) has said the electricity Distribution Companies (Discos) assume ownership of equipment customers buy for their networks to ensure safety and…
- 20 May 2017
Gencos to Sell Electricity Directly to Consumers
Babatunde Fashola, Minister of Power, Works and Housing, has declared that eligible power consumers are now free to purchase electricity directly from power generation companies. By declaring…
- 9 Oct 2014
FG to Issue Title Documents to PHCN Successor Firms
Mrs. Akon Eyakenyi, minister of Lands, Housing and Urban Development, has said the ministry is set to commence the issuance of Certificates of Occupancy to the successor companies of the Power…
- 16 Dec 2024
FEC Approves 161.3m Euros for Phase 1 Siemens Power Project
Federal Executive Council (FEC), meeting presided over by President Bola Tinubu on Monday approved the sum of 161,328,228 euros for the execution of contracts in the first batch of the Phase 1 of the…
- 13 Aug 2018
Nigerian Banks May Collapse if DISCOS Fail
Most Nigerian banks will collapse if power generation and distribution companies fail, electricity distributors have warned. They also stated that despite the problems in Nigeria’s power…
- 22 Jul 2019
FG, Siemens Ink Deal for Delivery of 11,000mw by 2023
President Muhammadu Buhari and Joe Kaeser, global chief executive officer of Siemens AG, a German company, Monday in Abuja signed a letter of agreement on Nigerian Electrification Roadmap conceived…
- 13 May 2015
AfDB Supports Indigenous Power Investors in Africa
The Board of Directors of the African Development Bank (AfDB) approved $50 million investment in CEC Africa Investments Limited, a multinational power company headquartered in Nigeria and Zambia. CEC…
- 22 Dec 2015
NERC Increases Electricity Tariffs, Scraps Fixed Charges
The Nigerian Electricity Regulatory Commission ( NERC) has finally released the new power tariff regime, in which it outlined the various rates of increase in energy charges for consumers across the…
- 17 Feb 2017
Buhari, Others to Get N94m Bullet-Proof Tyres
Federal Government plans to spend N94.5 million on bullet-proof tyres for President Muhammadu Buhari and others this year, State House Permanent Secretary Jalal A. Arabi has said. Canteen and kitchen…
- 11 Nov 2025
Electricity Subscribers in Nigeria Climb to Nearly 12 Million
The total number of active electricity customers nationwide increased from 11.89 million in July to 11.96 million in August 2025, according to the Nigerian Electricity Regulatory Commission (NERC).…