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Tag: discos

Electricity featured

Reps to approve debt relief for Kano, Jos, Ikeja DisCos

The House of Representatives Public Accounts Committee has resolved to approve financial relief measures and a 10-year debt restructuring framework for the Kano, Jos, and Ikeja Electricity Distribution Companies. The decision covers N128.6bn in accrued interest on debts from 2015 to September 2025 to be waived, and historical debts amounting to N120.1b to be restructured […]

Electricity

Eko, Kano DisCos record highest power sector fatalities in Q4 2025

Electricity distribution companies recorded all power sector accidents in the fourth quarter of 2025, with Eko and Kano topping the fatality chart as 26 persons lost their lives, according to the Nigerian Electricity Regulatory Commission. The commission expressed concerns that deaths are being recorded at the distribution segment of the value chain, though it disclosed […]

Electricity

Blackouts: GenCos, DisCos at odds over rejected power supply

Weeks of widespread power outages in Nigeria have intensified scrutiny of the country’s electricity sector, as power generation companies accuse distribution firms of deliberately rejecting allocated electricity loads, which has resulted in significant financial losses. In an interview, the GenCos stated that while gas shortages have reduced output from thermal plants, DisCos are also refusing […]

Business

DisCos back power supply to Togo amid domestic shortages

The Chief Executive Officer of the Association of Nigerian Electricity Distributors, Sunday Oduntan, has defended Nigeria’s continued electricity supply to Togo despite ongoing domestic shortages. Oduntan explained that the supply is based on an existing bilateral agreement with the neighbouring country, stressing that the deal must be honoured. He made this known during an interview […]

Niger owes Nigeria N4bn for electricity supply - NERC
Electricity featured

DisCos recorded ₦51.17bn revenue shortfall in December — NERC

Electricity distribution companies operating on Nigeria’s national grid recorded a N51.17 billion revenue shortfall in December 2025. This was revealed by the Nigerian Electricity Regulatory Commission in its December commercial performance fact sheet published on its website on Saturday. According to the report, the country’s 11 electricity distribution companies billed customers N258.66 billion during the […]

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

DisCos blame power outages on sharp drop in gas supply

Electricity distribution companies have attributed ongoing power outages to a significant reduction in gas supply to power plants, cautioning customers to expect intermittent electricity until the situation stabilises. In recent weeks, Nigerians have expressed concerns over declining power supply from the national grid. Findings show that electricity generation has fallen from over 5,000 megawatts last […]

Electricity

FG, World Bank inject $500m to revive DisCos

The Federal Government, in collaboration with the World Bank, is set to inject $500 million into Nigeria’s ailing electricity distribution sector under the Distribution Sector Recovery Programme, as part of efforts to cut losses, close the metering gap and improve power supply nationwide. The intervention was disclosed by Director of the Energy Sector Department at […]

Electricity featured

DisCos slam Adelabu’s free metre directive, call it populist statement

Power distribution companies have expressed doubt over the directive by the Minister of Power, Adebayo Adelabu, that prepaid metres must be free for all categories of customers. Operators, who spoke with journalists anonymously due to the sensitivity of the matter, said the minister made only a political statement without considering the input of other stakeholders, […]

Customers metres to be repaired in two days - NERC
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DisCos kick against FG’s free prepaid meter directive

Power distribution companies have raised concerns about the directive issued by the Minister of Power, Adebayo Adelabu, mandating that prepaid meters be provided free to all customer categories. Speaking anonymously due to the sensitive nature of the issue, industry operators said the announcement appeared more political than practical, noting that it failed to reflect consultations […]

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 […]

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