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Tag: electricity distribution companies (DisCos)

World Bank Approves $500m to Boost Nigeria’s Electricity Sector

World Bank has approved $500 million to support Nigeria to improve its electricity distribution sector. The bank, in a statement on Friday, said that the...

No 50% Increase in Electricity Tariff, Says NERC

The management of the Nigerian Electricity Regulatory Commission (NERC) has said there is no 50 per cent increase in electricity tariff. This was made known...

DisCos Decry NERC’s Attempt to Distance Self From New Tarrif Regime

The Electricity Distribution Companies (DisCos) have decried the recent attempt by their regulatory body, the Nigerian Electricity Regulatory Commission (NERC) to distance itself from...

FG, Investors to Recapitalise Discos With $4.7b

The Managing Director, Transmission Company of Nigeria (TCN), Dr. Usman Gur Mohammed, on Monday said that shareholders of the electricity distribution companies (DisCos) that...
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