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Power distribution companies made a total of N292.71bn revenue in the first quarter of this year despite complaints of inadequate electricity supply by consumers and concerns about the huge indebtedness ...
The Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, has disclosed that electricity distribution companies have disconnected over 100 manufacturing firms. In an exclusive interview with The PUNCH at ...
Amid complaints of low power generation, the electricity distribution companies were able to raise monthly revenue from N95bn in January to N100bn in March 2024. According to data released by ...
Electricity consumers have kicked against the hike in the prices of prepaid meters as announced by the power distribution companies. The Electricity Consumers Protection and Advocacy Centre told our correspondent ...
The Federal Government spent N628.61bn as subsidy on electricity in 2023, as power distribution companies collected a total revenue of N1.08tn during the same period, the latest industry data obtained ...
The Federal Competition and Consumer Protection Commission has urged the Nigerian Electricity Regulatory Commission to mandate Distribution Companies to meter all unmetered Band A customers within 60 days. The FCCPC ...
The Nigerian Electricity Regulatory Commission has directed power distribution companies to refund all overbilled Band B customers by April 11. This directive to the electricity distribution companies on implementation of ...
Power distributors that reject electricity allocated to them by the Transmission Company of Nigeria shall be dealt with severely going forward, the Federal Government declared on Monday. It also revealed ...
Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory ...
The Ministry of Finance Incorporated (MOFI) has officially taken charge of the federal government's equity holdings in 11 successor Electricity Distribution Companies (DisCos). This decision follows the directive issued by ...