DISCOS

The Chief Executive Officer of the Nigerian Economic Summit Group (NESG), Tayo Aduloju, has expressed concern over the slow pace of digital adoption by electricity distribution companies (DisCos) and government …

The Minister of Power, Chief Adebayo Adelabu, has again raised concerns over the growing cost of electricity subsidies in Nigeria, warning that the current approach is not sustainable. According to …

The Federal Government says it has successfully reduced electricity subsidies by 35% following a new electricity tariff hike that was introduced last year for high-power consumers. Nigeria’s Minister of Power, …

The Minister of Power, Adebayo Adelabu, has said the Federal Government plans to pay N2 trillion out of the N4 trillion it is owing to electricity generation companies (Gencos) before …

In a bid to tackle pressing economic challenges, Nigeria has secured a $500 million loan from the World Bank to support its Community Action for Resilience and Economic Stimulus Program. …

The Federal Government of Nigeria has provided N471.69 billion in subsidies to support the nation’s electricity sector during the fourth quarter of 2024. This subsidy accounts for approximately 57% of …

The Federal Government of Nigeria has announced that it has completed the takeover of four struggling distribution companies, Kaduna, Kano, Ibadan, and Port Harcourt DISCOs This was announced by the …