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World Bank approves $500 million to support Nigeria’s electricity distribution sector

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By Audrey Lotechukwu FRI 05 FEB, 2021-theGBJournal- The World Bank has approved $500 million to support the Nigeria Government in improving its electricity distribution sector. The...

Discos set to repay N35.06bn CBN loan this year

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Electricity distribution companies are expected to repay this year ₦35.06bn of the loan disbursed under the Central Bank of Nigeria-Nigeria Electricity Market Stabilisation Facility...

State of Nigeria’s electricity sector worsens

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With the privatisation of Electricity Generation Companies, GENCOS, Electricity Distribution Companies, DISCOS, expectations were high that it would culminate in improved power supply to...

BREAKING: Reps panel orders NERC, Discos to suspend tariff hike

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The House of Representatives, through its committee on Power has directed the Nigeria Electricity Regulatory Commission (NERC) to suspend its planned electricity increment. The electricity...

FG moves to increase supervision of Discos

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The Federal Government says its representatives on the Board of Electricity Distribution Companies (Discos) has been increased from one to two, to further supervise...

DisCos wants cost recovery policy rather than recapitalisaton to drive power...

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WED, JUNE 19 2019-theG&BJournal-Electricity Distribution Companies (DisCos) in Nigeria have called for creation of enabling environment to ensure cost recovery and further drive investments in the...

Why appropriate pricing of electricity is necessary-Group

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Mr Sunday Oduntan, Executive Director, Research and Advocacy,  Association of Nigerian Electricity Distributors (ANED), says  there is need for appropriate electricity pricing in order...