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DisCos generate nearly ₦600bn revenue in Q1 despite power

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DisCos generate nearly ₦600bn revenue in Q1 despite power shortages

Electricity Distribution Companies in Nigeria generated approximately N600bn in revenue during the first quarter of 2026, according to the latest industry data released by the Nigerian Electricity Regulatory Commission. The figures showed that the power distribution companies collected a total of N597.55bn between January and March 2026, despite ongoing challenges facing the country’s electricity sector. […]

Electricity

Over five million Nigerians still lack prepaid metres in 2026 — NERC

About 5.1 million consumers, representing about 41 per cent of Nigeria’s 12.31 million active electricity customers were without prepaid meters as of February 2026, according to data released by the Nigerian Electricity Regulatory Commission. The Commission, in its January and February 2026 metering factsheet, disclosed that only 7.21 million customers had been metered by February […]

Electricity

NERC shifts billing, metering disputes to states electricity agencies

The Nigerian Electricity Regulatory Commission has instructed electricity consumers in states that now have their own electricity regulators to direct complaints on metering, billing, and related service issues to those state agencies, in line with the Electricity Act 2023. The directive follows the ongoing decentralisation of Nigeria’s electricity market, which has shifted oversight of intrastate […]

Electricity

Benin, Togo, Niger owe Nigeria $9.55m for electricity supply

Three West African nations, Benin, Togo and Niger have failed to remit a combined $9.55 million to Nigeria for electricity supplied in the fourth quarter of 2025. Data from the Nigerian Electricity Regulatory Commission’s fourth-quarter 2025 report show that the market operator issued invoices totalling $20.44 million to the three countries under international bilateral arrangements. […]

Niger owes Nigeria N4bn for electricity supply - NERC
Electricity

NERC sets December deadline to slash power transmission losses

The Nigerian Electricity Regulatory Commission has introduced new regulations aimed at reducing electricity transmission losses and improving transparency across the national grid. The commission issued Order No. NERC/2026/026, which establishes a strengthened framework for the reporting and monitoring of Regional Transmission Loss Factors across Nigeria’s electricity transmission network. Data from the Nigerian Independent System Operator […]

Electricity

NERC orders TCN to cut grid losses to 6.5%

The Nigerian Electricity Regulatory Commission has directed the Transmission Company of Nigeria to cut transmission losses on the national grid to 6.5 per cent by December 31, 2026, as part of efforts to enhance efficiency and transparency in the power transmission network. In an order dated April 8, 2026, the commission stated that the move […]

Court dismisses MAN’s lawsuit against electricity tariff hike
Electricity

Gencos urge NERC to review tariffs after gas price hike

Electricity generation companies have called on the Nigerian Electricity Regulatory Commission to urgently review electricity tariffs following the Federal Government’s recent increase in the domestic base price of gas, warning that delays could worsen liquidity challenges and distortions across the power sector. The Chief Executive Officer of the Association of Power Generation Companies, Joy Ogaji, […]

Electricity

NERC urges faster meter installations to close Nigeria’s metering gap

The Nigerian Electricity Regulatory Commission has called on electricity distribution companies and meter asset providers to speed up meter installations to help close the country’s metering gap. In a statement released online on Tuesday, the commission said the announcement followed a recent NESI Metering Stakeholders’ Meeting, which aimed to enhance coordination among key industry players, […]

Electricity

NERC names Adegbenro acting chief executive of Eko DisCo

The Nigerian Electricity Regulatory Commission has approved the appointment of Ms. Sherifat Adegbenro as the Acting Chief Executive Officer of Eko Electricity Distribution Company. The Commission disclosed this in a public notice shared on its X handle on Monday. According to NERC, the appointment is in line with the Code of Corporate Governance for the […]

Electricity

NERC orders registration, approval of private transmission substations

The Nigerian Electricity Regulatory Commission has issued an order mandating the registration and authorisation of privately owned transmission substations connected to the national grid, aiming to enhance regulatory oversight and boost grid reliability. Outlined in the directive titled “Order on the Registration and Authorisation of Grid-Connected Private Transmission Substations (NERC/2026/013),” the regulation took effect on […]

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 […]

Electricity

NERC tightens rules to curb unauthorised electricity use

The Nigerian Electricity Regulatory Commission has revised its Standard Operating Procedure for Distribution Companies on addressing unauthorised electricity usage, meter tampering, and power bypass nationwide. The update follows a revelation by the Nigerian Independent System Operator that a steep 60 per cent drop in gas supply to thermal power plants has driven the recent wave […]

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