Power DisCos miss revenue targets amid efficiency concerns
The data shows that DisCos received electricity worth ₦336.43 billion, billed ₦268.20 billion, and collected only ₦204.74 billion.
The data shows that DisCos received electricity worth ₦336.43 billion, billed ₦268.20 billion, and collected only ₦204.74 billion.
According to a BusinessDay report on 11 March 2025, Nigeria’s housing deficit is estimated variously at 17 million, 20 million, ...
Kola Adesina says Sahara Power will invest heavily in both gas and renewable sources within the next three to five ...
The protesters said the Senate had no justification to withhold Ramat Abdullahi’s confirmation after he had already been screened and ...
The EERC recently reduced the tariff for Band A customers from ₦209.5/kWh to ₦160.4/kWh.
The commission is further empowered by section 226 of the Act, the notice said.
The upward review takes effect from 1 January the company said.
The Nigerian national grid collapsed several times, resulting in widespread power outages across the country in the year.
The official listed the sources of energy as Compressed Natural Gas, hydro, windmill, biomass, and solar.
NERC says DisCos are mandated to replace faulty or outdated meters at no cost to customers, provided the meter’s fault ...
“Today, Nigeria is highly indebted to the point that we service our debts with almost 80-90% of our revenue"
The FCCPC said it observed that the impending transition has raised anxieties among consumers, particularly over the financial implications of ...
According to the commission, the order takes effect from 13 June, and may be amended or revoked by subsequent Orders ...
This is happening hours after the Enugu State Government allegedly sealed some offices of the EEDC in the state.
The new system operator, NISO, will be directly in charge of the network, especially the troubled national grid and other ...
The company said the additional feeders bring the total number to 75 feeders
The company said the additional feeder brings its total from 51 to 85
”All other customers under Band B to E service category and representing 85 per cent of customers population will not ...
Mr Oseni said the new rate will be imposed only on consumers, who represent 15 per cent of the population ...
MERC said a total of 168,397 meters were installed under the Meter Asset Provider (MAP) framework while 9,302 meters were ...
To sustain power sector operations, the commission said it recognises the significance of enhancing market remittances and is providing DisCos ...
Four members of a family reportedly died in the electrocution incident.
The PSGN, a wholly indigenous utility solutions company, announced the commencement of a wide-ranging re-positioning agenda for KEDCO
The power firms realised the amount out of N303.11 billion they projected for that quarter.
The government says generation got to 4600MW as of yesterday, however, it dropped to 4100 today.
All content is Copyrighted © 2025 The Premium Times, Nigeria
