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Tag "DISCOS"

Adelabu: Cartels, saboteurs frustrating efforts to stabilise power supply

    Adelabu: Cartels, saboteurs frustrating efforts to stabilise power supply

Adebayo Adelabu, minister of power, says “saboteurs and cartels” are frustrating the federal government’s efforts to achieve a stable electricity supply in the country. Adelabu spoke during a programme, tagged,

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Obi to FG: Set up task force to address recurring national grid collapse

    Obi to FG: Set up task force to address recurring national grid collapse

Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has urged the federal government to constitute a technical task force of professionals to address the reoccurring

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National grid collapses again — third time in 2024

    National grid collapses again — third time in 2024

The national electricity grid has experienced another system collapse, leading to a nationwide blackout. Electricity distribution companies (DisCos) confirmed the system collapse in separate statements on Monday. In a statement

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DisCos fail to provide 20 hours of power to Band A customers, blame ‘system outages’

    DisCos fail to provide 20 hours of power to Band A customers, blame ‘system outages’

Electricity distribution companies (DisCos) have started publishing their inability to meet the required power supply for Band A customers — as directed by the Nigerian Electricity Regulatory Commission (NERC). On

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NERC to DisCos: Refund overbilled customers before April 11

  NERC to DisCos: Refund overbilled customers before April 11

The Nigerian Electricity Regulatory Commission (NERC) has directed all electricity distribution companies (DisCos) to refund customers wrongly billed with the

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Bands classification, approved FX rate — inside NERC’s electricity tariff review

  Bands classification, approved FX rate — inside NERC’s electricity tariff review

On April 3, the federal government approved an increase in electricity tariff for customers under the Band A classification. Musliu

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NBS: DisCos generated N294.9bn in Q4 2023

  NBS: DisCos generated N294.9bn in Q4 2023

Electricity distribution companies (DisCos) in Nigeria made a total of N294.95 billion in the fourth quarter (Q4) of 2023. The

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February inflation, FX inflow… 7 business stories to track this week

  February inflation, FX inflow… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 11 to March 15. INFLATION

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Newspaper Headlines: FG threatens sanctions as foreign airlines stick to high fares

  Newspaper Headlines: FG threatens sanctions as foreign airlines stick to high fares

The dailies focus on the depreciating value of the naira, fluctuating exchange rates, an asphyxiating economy, and hurdles in the

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Lagos state to establish electricity agency to regulate Ikeja, Eko DisCos

  Lagos state to establish electricity agency to regulate Ikeja, Eko DisCos

Babajide Sanwo-Olu, governor of Lagos, says the state will set up an electricity regulatory agency to regulate the activities of

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