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DisCos reject NERC CapEx account directive, warn of investment risks

Electricity distribution companies have opposed a new directive by the Nigerian Electricity Regulatory Commission requiring them to create dedicated capital expenditure provision accounts, describing the measure as an unprecedented interference in the management of privately owned utilities. The DisCos warned that the directive could undermine private investment in Nigeria’s power sector by giving regulators greater […]

Business featured

Discos lose 1.13 million customers despite record ₦2.32tn revenue

Electricity Distribution Companies have lost over 1.13 million customers amid lingering concerns over unreliable power supply and rising energy costs, findings by The PUNCH have shown. This happened even as the Discos supplied more electricity, generated record revenues and expanded metering in 2025. Data contained in the National Bureau of Statistics’ latest Nigeria Electricity Report: […]

Electricity

DisCos earn N801.16bn despite months of power outages

Electricity distribution companies collected a total of N801.16bn from consumers between January and April 2026 despite persistent power outages and supply constraints across the country, according to data from the Nigerian Electricity Regulatory Commission. The regulator’s commercial performance factsheets showed that the 11 DisCos recorded collections of N204.74bn in January, N196.68bn in February, N196.13bn in […]

Business

DisCos remitted N77.99 billion in Q4 2025 – NERC

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 […]

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, […]

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