30 results
- 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…
- 21 Nov 2024
House of Reps Calls for N500bn Recapitalization of DisCos
House of Representatives has called on the Federal Government to enforce a minimum capital base of N500 billion for electricity distribution companies (DisCos) to continue operations. The lawmakers…
- 18 Feb 2021
NERC Moves to Tackle Load Rejection Issues Between TCN, DisCos
The Nigerian Electricity Regulatory Commission (NERC) says Electricity Distribution Companies (DisCos) will be liable to pay capacity charge for rejecting load allocated to them due to constraints on…
- 3 Jan 2022
Report Bribe-Seeking Officials, DisCos Tell Power Users
The 11 power Distribution Companies (DisCos) under the aegis of the Association of Nigerian Electricity Distributors (ANED) have urged customers to report bribe-seeking officials while also not…
- 14 Mar 2016
FG Orders DISCOs to Provide Pre-Paid Meters to Nigerians
Federal government has given marching orders to Electricity Distribution Companies (DISCOs), in the country to supply pre- paid meters to electric consumers without further delay. Mr Babatunde…
- 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…
- 4 Mar 2026
NERC Orders DisCos to Refund ₦20.33Bn Meter Costs to Customers
Nigerian Electricity Regulatory Commission (NERC) has ruled in favor of electricity consumers, directing distribution companies (DisCos) to refund ₦20.33 billion in outstanding costs for meters…
- 27 Aug 2021
Ibadan Disco Cries Out over N8.5Bn Debt by MDAs Debt
Ibadan Electricity Distribution Company Plc (Ibadan Disco) has said it is owed over N8.5bn by ministries, departments and agencies of government. IBEDC, which covers Oyo, Ogun, Osun and Kwara states…
- 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.…
- 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…
- 29 Jun 2020
DisCos Halt Tariff Hike after NASS Intervention
National assembly has convinced electricity distribution companies (DisCos) to halt the proposed increase in tariff for power consumers from July 1, according to Ola Awoniyi, special adviser to the…
- 24 Jun 2024
DisCos’ revenue rose by 17% to N291bn in Q1 2024 - NBS
National Bureau of Statistics (NBS) has revealed that electricity distribution companies (DisCos) in Nigeria made a total of N291.62 billion in the first quarter (Q1) of 2024. NBS, in its latest…
- 30 Mar 2016
MDAs, Army Owe DISCOs N60Bn
The Association of Nigerian Electricity Distributors (ANED) said that ministries, departments, agencies and the Nigerian Army are owing the Distribution Companies (DISCOs) N60 billion from 2015 to…
- 3 Jun 2026
DisCos Generate N597.6bn Revenue in Q1 2026 Amid Ongoing Power Supply Challenges
Electricity Distribution Companies (DisCos) in Nigeria generated a total of N597.55 billion in revenue during the first quarter of 2026 despite persistent power supply challenges and consumer…
- 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…
- 23 Jul 2024
Reps Ask NERC, DISCOs to Reverse Band A Tariff Hike
House of Representatives on Tuesday asked the Nigeria Electricity Regulatory Commission (NERC) and the distribution companies, DISCOs, to reverse the tariff hike for Band A customers immediately.…
- 15 Aug 2019
FG May Pay ‘Failed Investors’ N736Bn to Repossess Discos
Federal government is considering repossession of 10 electricity distribution firms as one of the options to rescue the nation’s beleaguered electricity industry. According to the Punch, this…
- 28 Apr 2025
DisCo Must Repay Customers for Transformer Purchases, FCCPC Rules
Federal Competition and Consumer Protection Commission has ordered the Ibadan Electricity Distribution Company to refund whatever consumers invest in buying transformers, poles, cables, and other…
- 27 Oct 2020
New Hampshire Metering Services to Deploy over 400,000 Meters for DisCos
New Hampshire Metering Services Limited, a subsidiary of New Hampshire Capital Limited has announced immediate plan to roll-out over 404,000 smart prepaid meters for Ikeja and Ibadan Electricity…
- 24 Apr 2022
Don’t Fix Transformers for DISCOs, FCCPC Tells Consumers
Federal Competition and Consumer Protection Commission (FCCPC) has said electricity consumers are not responsible “to purchase, replace or repair transformers, poles or other associated equipment…
- 19 Nov 2013
Signal Alliance, SAP Partner on IT Summit for DISCOs
Signal Alliance, one of the most innovative end-to-end technology solution providers in the country in collaboration with their technical partners – SAP and the Federal Ministry of Power penultimate…
- 1 Jan 2024
No Plan to Hike Electricity Tariff January 1 – Discos
Some power distribution companies in the country have denied reports of having plans to increase electricity tariff beginning from January 1, 2024. They stated that there is no directive from the…
- 1 Aug 2017
Skye Bank Asks FG to Seize Ntel, Discos, Says Ex-MD Wreaked Havoc
Management of Skye Bank Plc has written to Acting President Yemi Osinbajo, detailing how Tunde Ayeni, chairman of the bank between 2010 and 2016, allegedly wrecked the financial institution,…
- 14 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…
- 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…
- 15 Jul 2016
Discos Insist on New Electricity Tariff
Electricity distributors have rejected a Federal High Court ruling mandating the Nigerian Electricity Regulatory Commission (NERC) to reverse the 45 per cent increase in electricity tariffs in the…
- 5 Dec 2021
Enugu Disco Launches App for Seamless Services
Enugu Electricity Distribution PLC (EEDC) has launched a new mobile app known as EEDC Connect to better serve its franchise states. This is in furtherance of its quest to consistently enhance…
- 28 Jul 2021
Eko DisCo Seeks NASS’s Intervention on N21bn Debt by MDAs
The Eko Electricity Distribution Company (EKEDC) has sought the national assembly’s intervention on N21 billion owed by some ministries, departments and agencies (MDAs). Adeoye Fadeyibi, managing…
- 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…
- 5 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…