Tag: Discos
DisCos, GenCos owe banks N836bn – CBN
The Central Bank of Nigeria’s in its June 2022 data has said power generation and distribution companies owe Nigerian banks N836.09bn amid the lingering...
Electricity cost to go up as FG approves tariff increase for...
The Nigerian Electricity Regulatory Commission (NERC) has announced that electricity companies in Nigeria can adjust their tariff upwards.
The new approval was scheduled to take...
Discos’ owe N326bn in nine months — FG
The outstanding remittances by power distributors to the Nigerian Bulk Electricity Trading Company Plc and the Market Operator of the sector, between January and...