DisCos Remit N188.70Bn To NBET, MO In 3 Months

“Eko Disco number 1, Kaduna Disco number 11,” Here is Who-pays-what List of remittances by 11 DisCos   The eleven (11) Electricity Distribution Companies (DisCos) in Nigeria paid N188.70 billion to the Nigerian Bulk Electricity Trading (NBET) Plc and the Market Operator (M0) in the third quarter of 2023. Platforms Africa reports that the payment is 69.88 percent of the total invoices of N270.05 billion issued for electricity purchased from Generation Companies (GenCos) and supplied to electricity consumers in the quarter. This was revealed in the fourth quarter Q3,23, statutory…

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