• Advert Rate
Friday, June 20, 2025
  • Login
TVC News
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy
No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy
No Result
View All Result
TVC News
No Result
View All Result

NBET names Eko DISCO as highest remitter in June 2021

September 2, 2021
in Business News, Latest Nigeria News, Nigeria News
Ltest news in Nigeria today is that NBET names Eko DISCO as highest remitter in June 2021

Ltest news in Nigeria today is that NBET names Eko DISCO as highest remitter in June 2021

Share on FacebookShare on Twitter

The Nigerian Bulk Electricity Trading  has named the EKO Electricity Distribution Company (EKEDC) as the highest remitter in the June 2021 Electricity Market Payment received for grid distributed electricity in the Nigerian Power Sector.

NBET is the administrator of the national power pool and the financial flow in the Nigerian Electricity Supply Industry (NESI), the company’s goal is to ensure efficient transactions in the Nigerian Power Sector, and support its6 growth and viability.

The NBET implements the Minimum Remittance Order issued by the Nigerian Electricity Regulatory Commission (NERC) to all DISCOS, which sets the minimum percentage payment each DISCO is to remit to NBET on a month to month basis.

Although information from NBET shows no DISCO met the 100% mark, however EKEDC came close with a 93.4% remittance.

NBET has continued to deploy strategies and initiatives to enhance the market liquidity in the sector through improving payments to the generation companies, this further supported by it’s power sector reform program and the market discipline committee.

The Head of Corporate Communications Henrietta Ighomrore confirmed that the June 2021 Market Payment has been disbursed to the GENCOS in proportion to their invoice, She stated that NBET is committed to ensuring timely and efficient payment to GENCOS to enable the generators fulfil their obligations and maintain sustainable supply of electricity to the grid.

Next Post

Nigeria vs Liberia: Lagos shuts roads along Teslim Balogun Stadium

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

YouTube player
Get Breaking News Alerts on WhatsApp! Subscribe now and never miss an update
ADVERTISEMENT

Headlines

  • Live-Stream
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Entertainment

Shows

  • Issue With Jide
  • Journalist Hangout
  • This Morning
  • TVC Breakfast
  • Today in the news
  • Documentaries

Live TV

  • Windows & Mac
  • iPhone & iPad
  • Android & IOS

App Download

  • Download Android App
  • Download for iOS
  • HOME
  • ADVERT RATE
  • Contact

© 2022 TVC Communications - Owner of TVC News

No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy

© 2022 TVC Communications - Owner of TVC News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In