Banking Budgeting Latest News Planning & Economic Development Political Economy Power/Electricity Revenue Technology

NERC Urges DisCos To Bridge Metering Gap Through Frameworks

The Nigerian Electricity Regulatory Commission (NERC), has bemoaned the lingering metering gap in view of the negative impact on electricity customers on estimated billing. To address the lingering challenge, the commission urged Electricity Distribution Companies (DisCos) to utilise any of the five meter financing frameworks provided in the 2021 Meter Asset Provider (MAP) and the […]

Budgeting Latest News Planning & Economic Development Political Economy Power/Electricity Revenue Technology

DisCos Generate N247.9Bn, Install 171,107 Meters In Q1- NERC

The Nigeria Electricity Regulatory Commission (NERC) has reported that the 11 electricity distribution companies (DisCos) in the country generated N247.09 billion as revenue in the first quarter of this year, representing 68.75% out of the N359.38 billion billed the customers. The NERC, in its just released ‘Q1 2023 Electricity Report’, also disclosed that the DisCos […]

Latest News Power/Electricity

Abuja Disco Starts Meter Installation In FCT, Kogi, Other States

Abuja Electricity Distribution Company (AEDC) has commenced the installation of 222,728 meters in the Federal Capital Territory (FCT) Kogi, Nasarawa, Niger and Kogi states. The installation of 222,728 meters, which began at CITEC Estate in the FCT, is the second phase of the mass metering project of the company. It would be recalled that the […]