Nigeria’s electricity distribution companies remitted a total of N77.99 billion in the fourth quarter of 2025, covering 91.19 per cent of their financial obligations to the market.

This is contained in the latest quarterly report published by the Nigerian Electricity Regulatory Commission

However, the figures show a slight drop from the previous quarter, heightening concerns over liquidity constraints and operational efficiency in Nigeria’s power sector.

DisCos paid N77.99 billion out of a total invoice of N85.53 billion in Q4 2025, translating to a 91.19 per cent remittance rate.

This represents a decline from Q3 2025, when N73.03 billion was remitted out of N76.77 billion, with a higher performance rate of 95.13 per cent.

Four DisCos fell below full remittance: Ibadan DisCo (94.75 per cent), Kano DisCo (79.28 per cent), Jos DisCo (50.07 per cent), and Kaduna DisCo (43.72 per cent).

Jos DisCo recorded the steepest decline in performance, falling by 21.32 percentage points, while Kano, Ibadan, and Kaduna DisCos also posted drops of 5.25, 3.91, and other marginal declines respectively.

Despite these setbacks, the NERC noted that the majority of DisCos met 100 per cent of their remittance obligations within the period under review.

Meanwhile, energy sector reforms continue to evolve following the signing of the Electricity Act 2023, signed into law in June 2023 by President Bola Ahmed Tinubu after its passage by the National Assembly in July 2022, marking a major shift in Nigeria’s electricity market framework.