Distribution Companies (DisCos)

Nigerian government secures another $500m World Bank loan

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world bank

The Federal Government of Nigeria has successfully secured a $500 million loan from the World Bank aimed at enhancing the performance of electricity Distribution Companies (DisCos). This was disclosed in a press release from the Bureau of Public Enterprises (BPE) by Amina Othman, Head of Public Communication. Approved on February 4, 2021, by the World … Read more

New electricity regime : Unmetered customers shouldn’t be migrated to higher tariff band – FCCPC 

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Acting Executive Vice Chairman/ Chief Executive Officer of FCCPC, Dr. Adamu Abdullahi,

The Federal Competition and Consumer Protection Commission (FCCPC) has called on the Nigerian Electricity Regulatory Commission (NERC) not to allow Distribution Companies (DisCos) to migrate unmetered consumers to a higher tariff band. The FCCPC, which commended the decision of NERC to impose N200 million fine on Abuja Electricity Distribution Company (AEDC) for infractions in the … Read more