Tag: Electricity Distribution Companies

Electricity Consumers Shouldn’t Pay For Transformers, Meters, Senate Tells NERC

The Senate, on Tuesday, directed the Nigerian Electricity Regulatory Commission (NERC) to mandate electricity distribution companies (DISCOs) in the country to discontinue the practice of making consumers pay for meters, poles and transformers. These, which by law, the Senators noted, are properties of the DISCOs, adding that where the consumers[Read More…]

Electricity Distribution Companies Fail To Make VAT Payment, NERC Orders Remittance

A  Nigerian Electricity Regulatory Commission (NERC) audit report has shown that eleven electricity Distribution companies (Discos) have skipped about N19.328 billion payments for Value Added Tax (VAT) and other remittances. NERC has also set a deadline of October 17 for the 11 Discos to remit the money and submit evidence[Read More…]