DISCOs – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Fri, 29 May 2026 01:23:18 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png DISCOs – InfoStride News https://www.theinfostride.com 32 32 NLC Protests Mass Layoffs at Ibadan, Kaduna Discos https://www.theinfostride.com/nlc-protests-mass-layoffs-at-ibadan-kaduna-discos/ https://www.theinfostride.com/nlc-protests-mass-layoffs-at-ibadan-kaduna-discos/#respond Fri, 29 May 2026 01:27:44 +0000 https://www.theinfostride.com/?p=402764 The Nigeria Labour Congress (NLC) has strongly condemned the recent dismissal of workers by the Ibadan and Kaduna Electricity Distribution Companies, calling it an unjust and unacceptable move. According to reports, hundreds of employees were laid off without due process, sparking outrage among labor unions and affected workers. The NLC has accused the electricity distribution [...]

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]]> https://www.theinfostride.com/nlc-protests-mass-layoffs-at-ibadan-kaduna-discos/feed/ 0 Kano Manufacturers Eye Direct Power Deals as DisCo Raises Objections https://www.theinfostride.com/kano-manufacturers-eye-direct-power-deals-as-disco-raises-objections/ https://www.theinfostride.com/kano-manufacturers-eye-direct-power-deals-as-disco-raises-objections/#respond Thu, 28 May 2026 23:55:32 +0000 https://www.theinfostride.com/?p=466001 A brewing dispute is unfolding in Kano State’s power sector as local manufacturers move to bypass their existing electricity distribution company and purchase power directly from generation sources. This development, according to industry insiders, signals a significant shift in the electricity market and could reshape how industries in Nigeria access energy for production. The Manufacturers [...]

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]]> https://www.theinfostride.com/kano-manufacturers-eye-direct-power-deals-as-disco-raises-objections/feed/ 0 DisCos’ Revenue Drops to N182.11bn Amid Sector Challenges https://www.theinfostride.com/discos-revenue-drops-to-n182-11bn-amid-sector-challenges/ https://www.theinfostride.com/discos-revenue-drops-to-n182-11bn-amid-sector-challenges/#respond Thu, 28 May 2026 00:10:33 +0000 https://www.theinfostride.com/?p=465959 Nigeria’s electricity distribution companies (DisCos) recorded a 4.9 percent decline in monthly revenue, sliding to N182.11 billion, as the power sector continues to grapple with operational inefficiencies, liquidity constraints, and customer dissatisfaction. This development underscores the persistent challenges in Nigeria’s electricity value chain, despite ongoing reforms aimed at boosting power supply and financial viability. Industry [...]

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]]> https://www.theinfostride.com/discos-revenue-drops-to-n182-11bn-amid-sector-challenges/feed/ 0 FG May Divest 11 Discos to New Investors in Electricity Act Amendment Bill https://www.theinfostride.com/fg-may-divest-11-discos-to-new-investors-in-electricity-act-amendment-bill/ https://www.theinfostride.com/fg-may-divest-11-discos-to-new-investors-in-electricity-act-amendment-bill/#respond Tue, 26 May 2026 12:25:50 +0000 https://www.theinfostride.com/?p=463439 The Federal Government is considering amendments to the Electricity Act that would open the door for the sale of up to eleven electricity distribution companies (Discos) to new investors, part of a broader reform plan aimed at attracting private capital, improving service delivery, and reducing government liabilities. The proposed changes are centered on empowering regulators [...]

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]]> https://www.theinfostride.com/fg-may-divest-11-discos-to-new-investors-in-electricity-act-amendment-bill/feed/ 0 FG Approves ₦28 Billion for Free Electricity Meter Rollout by DisCos https://www.theinfostride.com/fg-approves-%e2%82%a628-billion-for-free-electricity-meter-rollout-by-discos/ https://www.theinfostride.com/fg-approves-%e2%82%a628-billion-for-free-electricity-meter-rollout-by-discos/#respond Wed, 15 Oct 2025 17:01:46 +0000 https://www.theinfostride.com/?p=469143 The Nigerian Electricity Regulatory Commission (NERC) has approved a ₦28 billion bailout fund for electricity Distribution Companies (DisCos) to accelerate the rollout of free prepaid meters across the country. The initiative, introduced under the second phase of the Meter Acquisition Fund (MAF) Scheme, is designed to close Nigeria’s long-standing metering gap, reduce estimated billing, and [...]

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]]> https://www.theinfostride.com/fg-approves-%e2%82%a628-billion-for-free-electricity-meter-rollout-by-discos/feed/ 0 FG to Revoke Licences of Underperforming DisCos in 2028 https://www.theinfostride.com/fg-to-revoke-licences-of-underperforming-discos-in-2028/ https://www.theinfostride.com/fg-to-revoke-licences-of-underperforming-discos-in-2028/#respond Tue, 07 Oct 2025 14:29:23 +0000 https://www.theinfostride.com/?p=468483 The Federal Government has announced plans to revoke the operating licences of electricity distribution companies (DisCos) that fail to meet performance benchmarks by 2028, signaling a major shift toward accountability and efficiency in Nigeria’s power sector. The announcement, made through the Minister of Power, Chief Adebayo Adelabu, comes amid growing concerns over the persistent challenges [...]

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]]> https://www.theinfostride.com/fg-to-revoke-licences-of-underperforming-discos-in-2028/feed/ 0 Despite 187,000 new meter installations in Q1, Nigeria continues to grapple with a persistent electricity metering shortfall https://www.theinfostride.com/despite-187000-new-meter-installations-in-q1-nigeria-continues-to-grapple-with-a-persistent-electricity-metering-shortfall/ https://www.theinfostride.com/despite-187000-new-meter-installations-in-q1-nigeria-continues-to-grapple-with-a-persistent-electricity-metering-shortfall/#respond Tue, 15 Jul 2025 09:48:21 +0000 https://www.theinfostride.com/?p=462067 Nigeria’s electricity sector saw 187,000 new prepaid meters installed during the first quarter of the year, a figure hailed by distribution companies (Discos) as a marker of progress in reducing the country’s longstanding metering challenge. However, despite this uptick in installations, experts warn that the metering gap remains stubbornly large, leaving millions of consumers still [...]

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]]> https://www.theinfostride.com/despite-187000-new-meter-installations-in-q1-nigeria-continues-to-grapple-with-a-persistent-electricity-metering-shortfall/feed/ 0 Stop enriching Discos with public funds, Senate tells FG https://www.theinfostride.com/stop-enriching-discos-with-public-funds-senate-tells-fg/ https://www.theinfostride.com/stop-enriching-discos-with-public-funds-senate-tells-fg/#respond Fri, 11 Jul 2025 13:40:21 +0000 https://www.theinfostride.com/?p=461669 The Nigerian Senate has called on the Federal Government to halt what it described as the continuous enrichment of electricity distribution companies (Discos) through the injection of public funds into their operations. The Senate made this resolution during plenary after heated deliberations on the state of the country’s power sector, which lawmakers say has failed [...]

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]]> https://www.theinfostride.com/stop-enriching-discos-with-public-funds-senate-tells-fg/feed/ 0 Major Firms Abandon Discos, Generate 6,500MW Amid Persistent Outages https://www.theinfostride.com/major-firms-abandon-discos-generate-6500mw-amid-persistent-outages/ https://www.theinfostride.com/major-firms-abandon-discos-generate-6500mw-amid-persistent-outages/#respond Mon, 13 Jan 2025 10:07:43 +0000 https://www.theinfostride.com/?p=400414 Amid recurring power outages and reliability issues, Dangote Group, NNPCL, Total, and 247 other companies have disengaged from Nigeria’s power distribution companies (Discos), opting to generate their own electricity. Collectively, these firms now produce an estimated 6,500 megawatts (MW) of power, highlighting a growing trend of self-reliance in energy generation among businesses. The decision stems [...]

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]]> https://www.theinfostride.com/major-firms-abandon-discos-generate-6500mw-amid-persistent-outages/feed/ 0 Discos May Shift Three Million Customers to Estimated Billing Amid Upgrade Challenges https://www.theinfostride.com/discos-may-shift-three-million-customers-to-estimated-billing-amid-upgrade-challenges/ https://www.theinfostride.com/discos-may-shift-three-million-customers-to-estimated-billing-amid-upgrade-challenges/#respond Tue, 26 Nov 2024 18:22:04 +0000 https://www.theinfostride.com/?p=395776 In a development that has sparked widespread concern, electricity distribution companies (Discos) across Nigeria are reportedly considering moving approximately three million customers back to estimated billing. The move comes as the power firms grapple with delays in upgrading infrastructure and deploying prepaid meters under the government-backed National Mass Metering Program (NMMP). The proposed shift to [...]

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]]> https://www.theinfostride.com/discos-may-shift-three-million-customers-to-estimated-billing-amid-upgrade-challenges/feed/ 0 Discos Outline Conditions for N500bn National Assembly Recapitalization Plan https://www.theinfostride.com/discos-outline-conditions-for-n500bn-national-assembly-recapitalization-plan/ https://www.theinfostride.com/discos-outline-conditions-for-n500bn-national-assembly-recapitalization-plan/#respond Thu, 21 Nov 2024 10:04:37 +0000 https://www.theinfostride.com/?p=395153 The Distribution Companies (DisCos) in Nigeria have outlined a set of conditions for the successful implementation of the National Assembly’s proposed N500 billion recapitalization plan aimed at revitalizing the power sector. The plan, which seeks to inject significant funds into the electricity distribution network, is intended to address ongoing challenges in the sector, including poor [...]

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]]> https://www.theinfostride.com/discos-outline-conditions-for-n500bn-national-assembly-recapitalization-plan/feed/ 0 Ibadan DisCo Disconnects UCH Over N400m Debt https://www.theinfostride.com/ibadan-disco-disconnects-uch-over-n400m-debt/ https://www.theinfostride.com/ibadan-disco-disconnects-uch-over-n400m-debt/#respond Thu, 14 Nov 2024 09:29:45 +0000 https://www.theinfostride.com/?p=394135 The University College Hospital (UCH) in Ibadan, Nigeria’s premier teaching hospital, has been disconnected from the electricity grid by the Ibadan Electricity Distribution Company (IBEDC) due to an outstanding debt exceeding N400 million. This disconnection has raised serious concerns about the hospital’s operational capacity, particularly in maintaining critical healthcare services reliant on constant power. Background [...]

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]]> https://www.theinfostride.com/ibadan-disco-disconnects-uch-over-n400m-debt/feed/ 0 Consumers Rally Against 28% Hike in Electricity Meter Prices by Discos https://www.theinfostride.com/consumers-rally-against-28-hike-in-electricity-meter-prices-by-discos/ https://www.theinfostride.com/consumers-rally-against-28-hike-in-electricity-meter-prices-by-discos/#respond Thu, 07 Nov 2024 19:25:40 +0000 https://www.theinfostride.com/?p=393305 In response to a recent 28% increase in the cost of prepaid electricity meters announced by Distribution Companies (Discos), consumers across Nigeria are expressing frustration and discontent, urging the government and regulatory authorities to intervene. This price hike has sparked widespread disapproval, as consumers argue that it will further exacerbate the already significant challenges of [...]

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]]> https://www.theinfostride.com/consumers-rally-against-28-hike-in-electricity-meter-prices-by-discos/feed/ 0 Discos May Shoulder Power Transmission Repair Costs, Says NERC https://www.theinfostride.com/discos-may-shoulder-power-transmission-repair-costs-says-nerc/ https://www.theinfostride.com/discos-may-shoulder-power-transmission-repair-costs-says-nerc/#respond Fri, 25 Oct 2024 18:51:04 +0000 https://www.theinfostride.com/?p=391945 In a shift that could alter Nigeria’s electricity transmission landscape, the Nigerian Electricity Regulatory Commission (NERC) has proposed that electricity Distribution Companies (Discos) should assume a greater financial role in repairing and maintaining the country’s transmission infrastructure. The NERC, responding to ongoing transmission issues that contribute to frequent power outages and inefficiency, suggests that allowing [...]

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]]> https://www.theinfostride.com/discos-may-shoulder-power-transmission-repair-costs-says-nerc/feed/ 0 FG Halts Electricity Subsidy Payments, Discos Lament Impact on Operations https://www.theinfostride.com/fg-halts-electricity-subsidy-payments-discos-lament-impact-on-operations/ https://www.theinfostride.com/fg-halts-electricity-subsidy-payments-discos-lament-impact-on-operations/#respond Thu, 24 Oct 2024 10:30:46 +0000 https://www.theinfostride.com/?p=391842 The Nigerian electricity distribution companies (Discos) have expressed growing concern over the federal government’s cessation of electricity subsidy payments. The Discos, who rely heavily on these subsidies to offset the cost of distributing power to consumers, have warned that this decision is adversely affecting their operations and could lead to further disruptions in the country’s [...]

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]]> https://www.theinfostride.com/fg-halts-electricity-subsidy-payments-discos-lament-impact-on-operations/feed/ 0 FG will require N3.2 trillion to subsidise electricity in 2024 without tariff hike- NERC https://www.theinfostride.com/fg-will-require-n3-2-trillion-to-subsidise-electricity-in-2024-without-tariff-hike-nerc/ https://www.theinfostride.com/fg-will-require-n3-2-trillion-to-subsidise-electricity-in-2024-without-tariff-hike-nerc/#respond Sat, 20 Apr 2024 17:45:20 +0000 https://www.theinfostride.com/?p=376174 The Federal Government asserts it needs approximately N3.2 trillion to subsidize electricity in 2024 should the current tariff hike be reversed. Mr. Sanusi Garba, Chairman of the Nigeria Electricity Regulatory Commission (NERC), disclosed this during a stakeholders’ meeting convened by the House of Representatives committee on Power in Abuja on Thursday. Garba emphasized that the [...]

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]]> https://www.theinfostride.com/fg-will-require-n3-2-trillion-to-subsidise-electricity-in-2024-without-tariff-hike-nerc/feed/ 0 Kaduna DisCo Increases Staff Salary Amid N110 Billion Debt https://www.theinfostride.com/kaduna-disco-increases-staff-salary-amid-n110-billion-debt/ https://www.theinfostride.com/kaduna-disco-increases-staff-salary-amid-n110-billion-debt/#respond Sat, 17 Feb 2024 22:29:18 +0000 https://www.theinfostride.com/?p=370725 Kaduna Electricity Distribution Company (DisCo) has reportedly decided to increase staff salaries despite facing a substantial debt of N110 billion. This development raises questions about the financial decisions and sustainability strategies adopted by the utility company. As Infostride News closely monitors these developments, comprehensive coverage will be provided, including insights into the rationale behind the [...]

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]]> https://www.theinfostride.com/kaduna-disco-increases-staff-salary-amid-n110-billion-debt/feed/ 0 Federal Government Weighs Transfer of Stake in 11 DisCos to State Authorities https://www.theinfostride.com/federal-government-weighs-transfer-of-stake-in-11-discos-to-state-authorities/ https://www.theinfostride.com/federal-government-weighs-transfer-of-stake-in-11-discos-to-state-authorities/#respond Mon, 11 Dec 2023 09:57:48 +0000 https://www.theinfostride.com/?p=363922 In a decisive move aimed at addressing the persistent power shortages that have long plagued Nigeria, the federal government is contemplating a significant shift in the ownership structure of 11 power distribution companies (DISCOs), considering the possibility of transferring ownership to state governments. This revelation comes via a tweet from the Minister of Power, Adebayo [...]

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]]> https://www.theinfostride.com/federal-government-weighs-transfer-of-stake-in-11-discos-to-state-authorities/feed/ 0 DisCos recorded 95.21% market remittance in Q2/2023, highest so far – NERC https://www.theinfostride.com/discos-recorded-95-21-market-remittance-in-q2-2023-highest-so-far-nerc/ https://www.theinfostride.com/discos-recorded-95-21-market-remittance-in-q2-2023-highest-so-far-nerc/#respond Tue, 17 Oct 2023 21:10:14 +0000 https://www.theinfostride.com/?p=357339 The Nigerian Electricity Regulatory Commission (NERC) has unveiled encouraging statistics regarding the performance of distribution companies (DisCos) in the second quarter of 2023, signaling a positive turn of events in the country’s electricity sector. This new data, released by InfoStride News, shows that DisCos have reached a remarkable market remittance rate of 95.21%, marking the [...]

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]]> https://www.theinfostride.com/discos-recorded-95-21-market-remittance-in-q2-2023-highest-so-far-nerc/feed/ 0 DisCos deny lobbying NERC on eligible customer policy suspension https://www.theinfostride.com/discos-deny-lobbying-nerc-on-eligible-customer-policy-suspension/ https://www.theinfostride.com/discos-deny-lobbying-nerc-on-eligible-customer-policy-suspension/#respond Fri, 27 Aug 2021 19:27:15 +0000 https://www.theinfostride.com/?p=305007 Electricity Distribution Companies (DisCos), yesterday, denied influencing the suspension of eligible customer policy, which allows direct connection of electricity consumers from generation plants without the utility companies. While infrastructure bottlenecks delayed the dispatch of generated electricity, the Nigerian Electricity Regulatory Commission (NERC) had in 2017, introduced the eligible customers policy but abruptly ended it earlier [...]

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]]> https://www.theinfostride.com/discos-deny-lobbying-nerc-on-eligible-customer-policy-suspension/feed/ 0 PHCN Is Dead, We Are Not NEPA – DISCOS https://www.theinfostride.com/phcn-is-dead-we-are-not-nepa-discos/ Sat, 18 Jan 2020 14:55:48 +0000 https://www.theinfostride.com/?p=245378 The Executive Director of Research and Advocacy, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan has urged Nigerians to stop referring to its members as “NEPA.” if they want electricity. ANED is the umbrella body of electricity distribution companies in Nigeria (DisCos). According to Mr. Sunday, calling their people NEPA means the people are still [...]

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]]> The Core Business Of DISCOs Is To Transport Energy – Fashola https://www.theinfostride.com/the-core-business-of-discos-is-to-transport-energy-fashola/ Sat, 13 Jan 2018 09:53:32 +0000 https://www.theinfostride.com/?p=196026 Babatunde Fashola has said the Federal Government had concluded plans to involve more Nigerians in meter manufacturing. “The core business of DISCOs is to transport energy; their business is not to supply meters. “The government will address metering more vigorously this year with regulations which will open up business in metering to more investors. “This [...]

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]]> The DISCOs Need Meters To Distribute Power – Fashola https://www.theinfostride.com/the-discos-need-meters-to-distribute-power-fashola/ Sat, 30 Sep 2017 02:05:41 +0000 http://www.theinfostride.com/?p=183469 A new electricity regulation that would improve meter supply for consumers nationwide would begin to function next month, Minister of Power, Works and Housing, Babatunde Fashola, has said. The minister said that the regulation, which would oversee meter service providers, would open up the market to more players in the meter supply chain, strengthen local [...]

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]]> House Of Reps To Investigate Investments By DISCOs https://www.theinfostride.com/house-of-reps-to-investigate-investments-by-discos/ Wed, 08 Jun 2016 07:46:32 +0000 http://www.theinfostride.com/?p=131488 The House of Representatives on Tuesday mandated its Committee on Privatisation and Commercialisation to investigate the investments and pledges made by power Distribution Companies (DISCOs) and Generation Companies (GENCOs). The House also directed the Committee to ascertain the revenue accrued to the companies and their level of compliance with the privatisation agreements. This followed a [...]

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]]> Electricity Generation Drops To 3,682.32Mw https://www.theinfostride.com/electricity-generation-drops-to-3682-32mw/ Wed, 18 Nov 2015 22:26:56 +0000 http://www.theinfostride.com/?p=107672 Power supplied to electricity distribution companies (DisCos) from the Transmission Company of Nigeria (TCN) last Sunday dropped to 3,682 megawatts (Mw), this is according to power statistics posted on the website of the Federal Ministry of Power on Tuesday. The power statistics showed that the TCN shed 372Mw from the 4,054.07Mw of November 11. During [...]

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]]> Nigerian Senate Abolished Bulk Billing; Time to Take on DSTV https://www.theinfostride.com/nigerian-senate-abolished-bulk-billing-time-to-take-on-dstv/ Tue, 25 Aug 2015 10:43:41 +0000 http://www.theinfostride.com/?p=94713 Last week witnessed the end of bulk billing in Nigeria’s power sector as the Senate frown at the practices. The power sector experienced the end of the contentious practice of bulk billing, due to the 8th Senate’s intervention in the affair. The practice of bulk billing, which is a status quo that has been maintained [...]

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