The Federal Government through the Transmission Company of Nigeria (TCN) will disconnect 13 electricity companies from the national grid. Punch reports that the disconnection plan is because of the failure of the affected companies to make remittances of ancillary services bills. As a result of the planned disconnection, electricity consumers being served …
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The World Bank has approved $500m to help boost access to electricity in Nigeria and improve the performance of the electricity distribution companies in the country. In a statement issued on Friday titled, ‘Nigeria to Improve Electricity Access and Services to Citizens,’ the World Bank said financial support would be …
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The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DISCOs) to suspend the Sept. 1 tariff increase for 14 days. The commission’s suspension directive of the Multi Year Tariff Order (MYTO) 2020 signed by Prof James Momoh, NERC’s Chairman, was released on its web site on …
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