Discos News
Latest articles and news about Discos on AXL Media.
Latest Articles
- House of Representatives Orders 11 DisCos to Refund N55.4 Billion Metering Loan by November
Published: May 1, 2026
Section: Africa
The House of Representatives has mandated that Nigeria’s 11 Electricity Distribution Companies (DisCos) repay N55.4 billion in loans originally granted for the National Mass Meteri...
- Adelabu Resigns as Power Minister to Pursue Gubernatorial Ambitions Amidst National Grid Instability
Published: Apr 25, 2026
Section: Africa
Adebayo Adelabu has officially resigned as Nigeria's Minister of Power, submitting his exit letter to the Secretary to the Government of the Federation, Sen. George Akume. His depa...
- Nigeria Distribution Companies Face N63.46 Billion Revenue Shortfall as Collection Efficiency Drops in January
Published: Apr 9, 2026
Section: Africa
Electricity distribution companies in Nigeria recorded a significant revenue gap in January 2026, collecting only N204.74 billion out of N265.20 billion billed. Data from the Niger...
- Federal Government repossesses all 11 electricity Discos as original 2013 investors lose majority stakes
Published: Apr 6, 2026
Section: Africa
The Federal Government has effectively concluded a decade-long transition of the nation’s power sector by repossessing all 11 electricity distribution companies from their original...
- Nigerian Independent System Operator Refutes Claims of Zero Megawatt Power Allocation to Distribution Companies Amid Gas Supply Constraints
Published: Mar 25, 2026
Section: Africa
The Nigerian Independent System Operator has officially denied reports that certain Distribution Companies received no power allocation between March 20 and March 22, 2026. While a...
- Nigerian Energy Sector Faces Total Collapse as Grid Generation Plummets to Record Lows Under Tinubu
Published: Mar 16, 2026
Section: Africa
Power generation in Nigeria has dropped by 11 percent to a staggering 2,898 MW, signaling a deep crisis in the nation's energy infrastructure. Despite presidential promises of a th...
- Nigerian Electricity Distributors Secure N207 Billion Revenue Amidst Widespread Grid Instability and Supply Contractions
Published: Mar 10, 2026
Section: Companies & Industry
Data from the Nigerian Electricity Regulatory Commission reveals that Distribution Companies generated over N207.49 billion in December 2025 despite a nearly 10% drop in energy sup...