DISCOS Archives - The Glitters Online

DisCos Earn N801bn Despite Persistent Blackouts

Kazeem Tunde — Wed, 01 Jul 2026 05:10:08 +0000

DisCos Earn N801bn Despite Persistent Blackouts Electricity distribution companies collected a total of N801.16bn from electricity consumers between January and April 2026 despite persistent power outages and supply constraints across the country, data obtained from the Nigerian Electricity Regulatory Commission has shown. The commercial performance factsheets released by the regulator showed that the 11 […]

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Discos Earn N600bn In Three Months Despite Blackouts

Kazeem Tunde — Wed, 03 Jun 2026 05:23:09 +0000

Discos Earn N600bn In Three Months Despite Blackouts Electricity Distribution Companies in Nigeria collected about N600bn (N597.55bn) from consumers in the first quarter of 2026, according to the latest industry data released by the Nigerian Electricity Regulatory Commission. The figure, which covers January to March 2026, shows the DisCos generated revenue close to the […]

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Discos Generate N3.95tn In Five Years- NBS

Kazeem Tunde — Sun, 25 Aug 2024 05:24:09 +0000

Discos Generate N3.95tn In Five Years- NBS Nigeria’s electricity distribution companies collectively raked in about N3.95tn revenue between 2019 and the first quarter of 2024, data from the National Bureau of Statistics showed. NBS data revealed an upward trajectory in revenue generation over the past five years, as the power distributors made N482.6bn in […]

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20 States Owe Electricity Bills – DisCos

Kazeem Tunde — Tue, 20 Aug 2024 12:20:47 +0000

20 States Owe Electricity Bills – DisCos Electricity distribution companies in Nigeria have lamented that no fewer than 20 of the 36 state governments in the country have refused to pay their electricity bills. The Discos said some states owe electricity bills consumed by the state house or the secretariat. The Executive Director of […]

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FG To Unbundle 11 Discos, Orders Sale Of Four

Kazeem Tunde — Tue, 23 Apr 2024 04:59:32 +0000

FG To Unbundle 11 Discos, Orders Sale Of Four Power distribution companies in Nigeria are currently being unbundled along state lines due to their large sizes that often result in efficiency and ineffectiveness, the Federal Government declared on Monday. It stated that the privatisation of the firms would not be reversed, but stressed that […]

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When Discos Dance On The Graves Of Poor Nigerians

Kazeem Tunde — Sun, 07 Apr 2024 18:52:42 +0000

When Discos Dance On The Graves Of Poor Nigerians Tajudeen Kareem As Nigerians grapple with the latest hike in electricity tariffs, soaring from N66 to N225 per kilowatt, concerns arise regarding its implications on the effective delivery of essential public services. How will the Nigerian Electricity Regulatory Commission, NERC, classify public health and educational institutions […]

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FG Threatens To Revoke License Of DisCos Over Poor Power Supply

Kazeem Tunde — Wed, 06 Mar 2024 18:44:21 +0000

FG Threatens To Revoke License Of DisCos Over Poor Power Supply The Federal Government, on Wednesday, threatened to revoke the licenses of power Distribution Companies over persistent poor power supply across the country. The Minister of Power, Adebayo Adelabu, made this known on Wednesday. The minister, through his X handle, expressed that the Chief Executives […]

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Discos Reject 1,769MW Of Electricity Amid Widespread Blackout

Kazeem Tunde — Tue, 05 Mar 2024 05:41:20 +0000

Discos Reject 1,769MW Of Electricity Amid Widespread Blackout Despite the widespread blackout and the worsening state of electricity supply in Nigeria, the latest figures on the daily load summary of power distribution companies indicate that the firms failed to distribute about 1,769.91 megawatts of electricity between February 1 and 14, 2024. Data from the […]

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FG Plans Sanctions For Non-performing Discos

Kazeem Tunde — Tue, 13 Feb 2024 05:13:13 +0000

FG Plans Sanctions For Non-performing Discos Power distribution companies that are performing below stipulated standards in the Nigeria Electricity Supply Industry are going to lose 50 per cent of their operating expenditures, the Federal Government declared on Monday. It made the declaration through the Nigerian Electricity Regulatory Commission at the 1st NESI Stakeholders Meeting of […]

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DisCos To Pay Consumers N10.5b Over Estimated Billing

Kazeem Tunde — Sat, 10 Feb 2024 05:41:09 +0000

DisCos To Pay Consumers N10.5b Over Estimated Billing The Nigerian Electricity Regulatory Commission (NERC) will deduct N10.5 billion from the accounts of the 11 Distribution Companies (DisCos) operating in the country over arbitrary billing of unmetered customers. NERC, in a release Friday, said the fund would be deducted during the next tariff review, adding that […]

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