Thursday, April 9, 2020
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COVID-19: DisCos Support Move to Give 2 Months Free Electricity to Consumers

The Electricity Distribution Companies (DisCos) have given assurance of its support for the plan to supply free electricity to all consumers, as one of the palliative measures to bring succour to Nigerians in the face COVID-19 induced period. Mr Sunday Oduntan, Executive Director,  Research and Advocacy Association of Nigerian Electricity Distributors

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NEC Orders Forensic Audit of DisCos Accounts

The National Economic Council (NEC), yesterday said it has approved the engagement of consultants to carry out forensic auditing of transactions on bank accounts of all the privatised components of Electricity Distribution Companies (DisCOs) in the country. The forensic audit, according to the Council, would ascertain the amount of money invested by the DisCos since they bought over

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FG Threatens to Takeover DisCos Over Failed Electricity Distribution

By Mathew Dadiya, Abuja The Federal Government on Wednesday, threatened to revoke the privatization license of the electricity Distribution Companies (DisCos) following their inability to improve distribution in the country. The government was furious that despite spending over N1.7 trillion on the companies to enable them stabilize power, they are only

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Senate’s Probe of GENCOs and DISCOs

Nigeria’s electricity has remained one of the greatest challenges to the nation’s quest for industrial and technological advancement. The nation’s  electricity supply has  been grossly   inadequate, unaffordable and unreliable. Statistics have it that 76 million  of its citizens, or 40.7% of the country ‘s population, which is more than twice the population of Canada  are not connected to the national power

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