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Discos generated N294bn as FG paid N253 7bn subsidy in Q4 2023

The 11 electricity distribution companies (DisCos) collected the sum of N294.95bn revenue out of the N399.69bn billed to their customers in the fourth quarter of 2023, a report by the Nigerian Electricity Regulatory Commission (NERC) has shown. The report stated that the revenue collected by the DisCos translated to a…

Nigerians reject electricity tariff cut, demand total reversal

Nigerians on Monday rejected  the Nigerian Electricity Regulatory Commission’s reduction of the tariff payable by Band A customers from N225/kWh to N206.8/kWh.

Discos succumb to pressure, reduce electricity tariff for Band A customers

Discos succumb to pressure, reduce electricity tariff for Band A customers
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