NERC approves electricity distribution company for Akwa Ibom
The Nigerian Electricity Regulatory Commission (NERC) has approved an independent power distribution network licence to be known as Ibom Utility Company for Akwa Ibom to distribute…
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DisCos report N188 bn revenue in Q2 2022, lowest in four quarters
The 11 electricity distribution companies (DisCos) in Nigeria’s electricity supply industry earned N188.21 billion in revenue in Q2, 2022, the lowest in four quarters, data from the latest…
State, private investors prioritise metering to build power market
State governments eager to develop their own electricity markets as well as private investors who wish to play in the electricity market are partnering with meter providers, learning from…
Abuja, Eko, Ikeja DisCos lead in metering ranking
Abuja Electricity Distribution Company, Eko Electricity Distribution Company, Ikeja Electric, BEDC Electricity and Ibadan Electricity Distribution Company emerged as the…
Discos lose N5 from every N10 worth of energy sold- NERC
The 11 electricity distribution companies (DisCos) in Nigeria’s electricity supply industry are losing as much as N4.79 out of every N10 worth of energy sold, data sourced from the latest…