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Tag: discos

NERC makes N5.63bn in 2023 Q3
Electricity featured

DisCos lost N44bn in October 2025 over billing gaps — NERC

Electricity distribution companies across Nigeria billed customers a combined sum of N255.19bn for power supplied in October 2025 but were only able to collect N210.92bn, resulting in substantial losses from both unbilled electricity and unpaid bills that continue to put pressure on the liquidity of the power sector. The figures are contained in the latest […]

Electricity featured

Reps blame DisCos for poor electricity supply 13 years after privatisation

The House of Representatives Ad-hoc Committee investigating expenditure in Nigeria’s power sector has accused electricity Distribution Companies of shortchanging Nigerians and failing to fulfil the promises that led to the privatisation of the industry 13 years ago. The allegations were raised on Thursday during the resumed investigative hearing of the committee, where officials of the […]

Business

DisCo debts, unclear regulations hinder Nigeria’s grid power projects

Lenders and industry experts have expressed concern that the high-risk legacy debts of Distribution Companies and ambiguous regulatory frameworks pose major obstacles to financing and developing new grid-connected power projects in Nigeria. At the Lagos Chamber of Commerce and Industry Power Conference, Senior Vice President of Stanbic IBTC Infrastructure Fund, Jumoke Ayo-Famisa, highlighted the cautious […]

FG targets 6500 megawatts power generation in six months
Electricity

Nigeria’s power grid sends 4,871MW to 11 DisCos

The Nigerian Independent System Operator has reported that energy sent out to the 11 electricity Distribution Companies rose to 4,871MW on Monday, October 27th, 2025, up from 4,783MW recorded on Sunday, October 26th, 2025. This increase was made known in the Grid Performance Dashboard of the NISO. Similarly, the document indicated that the total energy […]

Electricity

Adelabu faults DisCos for power supply challenges

The Minister of Power, Chief Adebayo Adelabu, has criticized the electricity Distribution Companies, labeling them the weakest link in the nation’s power supply chain. Speaking at a two-day retreat organized by the Senate Committee on Power in Ikot-Ekpene, Akwa Ibom State, Adelabu accused Discos of disappointing Nigerians and undermining the sector’s progress due to chronic […]

Electricity

Metering of Army barracks yields ₦769m revenue – DisCos

The Federal Government’s mass metering initiative for army barracks has reportedly generated over ₦769 million in revenue for the power sector between August 2024 and April 2025, according to electricity distribution companies. This follows the March 2023 launch of the program by Minister of Power, Adebayo Adelabu, at Ikeja Cantonment, Lagos. Adelabu emphasized that the […]

Electricity

DisCos’ revenue hits N509.84bn in Q4 2024 amid efficiency boost

The Nigerian Electricity Regulatory Commission reported that Electricity Distribution Companies collected N509.84 billion out of the N658.40 billion billed in Q4 2024. This represents a collection efficiency of 77.44%, an improvement from the previous quarter. This was disclosed in NERC’s 2024 Fourth Quarter Report, published on its website in Abuja on Tuesday. The Q4 2024 […]

News

Discos hike meter prices, consumers kick

Power distribution companies in Nigeria have implemented a second price hike on various electricity meter models within just four months, sparking outrage among consumers. The new price increases have been met with strong opposition, with many describing the move as “wicked” amid the ongoing economic hardship faced by citizens nationwide. The latest hike comes as […]

NERC approves N21bn for free meters to Nigerians
featured

Again, Discos raise meter prices

Electricity Distribution Companies in Nigeria have announced a second price increase in four months for various electricity meter models. Starting from November 5, 2024, the cost of a single-phase meter will rise from around N117,000 to as much as N149,800, depending on the DisCo and meter supplier. This price hike follows the deregulation of Meter […]

Tarrif hike: DisCos sweat as manufacturers insist on old rates
News

Discos decry FG’s failure to pay electricity subsidies

Electricity distribution companies in Nigeria have expressed concerns that the Federal Government has not fulfilled its commitment to subsidize electricity costs for customers in Bands B to E. This was disclosed by the Executive Director of Research and Advocacy at the Association of Nigerian Electricity Distributors, Sunday Odunta, on Wednesday during an appearance on Arise […]

featured

Nationwide blackout persists as national grid collapses again

Nigeria’s national grid has experienced another collapse, leading to widespread blackouts just 24 hours after service was restored. Various distribution companies confirmed the grid failure occurred around 9 a.m. on Tuesday. According to DisCos, efforts to restore power are currently underway, but the recurring nature of these outages has heightened frustration among citizens and businesses […]

Why Nigeria needs 33,000MW for stable power supply – DisCos
News

DisCos generates N887bn in revenue amid tariff hike

Nigeria’s electricity distribution companies have generated a total of N887.86 billion in revenue during the first seven months of 2024, driven by a tariff increase for Band A customers and enhanced revenue collection efforts, according to The Punch. Despite ongoing consumer complaints about poor power supply and high tariffs, the 11 Discos reported a significant […]

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