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Ibadan DISCO

Nigerians to pay more for electricity

The Federal Government through the Nigerian Electricity Regulatory Commission has increased the tariff payable by power consumers across the country.

Banks partner Mojec on prepaid meters

Mojec Meter Assets Management Company, a subsidiary of Mojec International Limited, has announced a partnership with some banks to provide retail financing for the rollout of prepaid meters to its customers within the coverage area of its partner distribution companies (DISCOs) across the country.

NERC blames estimated billing on low metering

The Consumer Affairs Commissioner of the Nigerian Electricity Regulatory Commission, Dr Moses Arigu, has identified low metering as a factor responsible for estimated billing by electricity distribution companies.

Strike: TUC satisfied with level of compliance in Kwara

The Kwara chapter of the Trade Union Congress on Thursday expressed satisfaction with the level of compliance to the industrial action embarked upon by the national body of the union.

We are ready to sell-off Jos DisCo – chairman

Mr Tukur Modibbo, the chairman, Jos Electricity Distribution Company Plc says the management of the company is ready to sell it off due to poor returns on investment.

NBS: DisCos distribute 93,219 prepaid meters in three months

Nigerian electricity distribution companies (DisCos) distributed 93,219 prepaid meters between January and March, according to data from the power sector report of National Bureau of Statistics (NBS).

House of Reps call for reinstatement of suspended electricity board

The House of Representatives has asked the Nigerian Electricity Regulatory Commission (NERC) to reinstate the suspended board of Ibadan Electricity Distribution Company (IBEDC).

TCN adds 60MVA to transmission capacity

The Transmission Company of Nigeria (TCN) said installed another power transformer at the Ijebu-Ode Transmission Sub-Station, increasing the substations’ capacity from 60 Mega Volt Ampere (MVA) to 120MVA.

World Cup: Soccer fans beg IBEDC for stable electricity supply

Soccer fans in Ilorin, have implored the Ibadan Electricity Distribution Company to provide stable power supply, as the 2018 FIFA World Cup event kicks off in Russia on Saturday.

NBET: Three DisCos ignored N8.68bn bill in February

Data from the Nigerian Bulk Electricity Trading Plc (NBET) have shown that three electricity distribution companies (DisCos) made zero remittance to generation companies (GenCos) from the N8.68 billion invoice of February 2018.

New regulation threatens N466 billion power sector loans

The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).

DISCOs blame TCN for power outages

Electricity distribution companies under the aegis of Association of Nigerian Electricity Distributors have blamed the Transmission Company of Nigeria and the nation’s transmission infrastructure for outages in the country’s electricity supply and consumption chain.

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