Despite recording an increase in metering rate, over 5 million electricity customers remain unmetered across Nigeria. According to the latest metering status report released by the Nigerian Electricity Regulatory Commission (NERC), the total number of metered customers across all electricity distribution companies (DisCos) reached 7,435,733, accounting for 59.5% of 12,457,068 active customers as of April …
Nigerian electricity distribution companies (DisCos) recorded a significant revenue shortfall in May 2026. According to the latest Commercial Performance factsheet released by the Nigerian Electricity Regulatory Commission (NERC), the combined shortfall between what was billed and what was actually collected by DisCos amounted to ₦44.72 billion. This financial gap is the result of several operational …
As electricity demand rises in Nigeria, the presidency has stated that the country needs to increase annual investment in the power sector to $12 billion through 2045 to achieve reliable electricity. This, it said, means the country is recording an annual power investment deficit of about $11 billion, as only $1 billion is currently being …
In a bid to safeguard the future of Nigeria’s energy sector, the minister of power, Joseph Tegbe, has cautioned industry stakeholders against engaging in actions that might lead to regulatory conflicts, warning that such could undermine the newly decentralized electricity market. Speaking on Tuesday, July 14, at a workshop in Abuja, Tegbe stressed that the …
Power system operator says over 3,000MW remains underutilised despite available generation capacity Nigeria has lost more than ₦2.376 trillion in capacity payments over the past 12 years due to persistent grid inefficiencies and the inability to fully utilise available electricity generation, the Nigerian Independent System Operator (NISO) has disclosed. The Managing Director and Chief …
The federal government recorded a drop in its electricity subsidy payment in the first quarter of 2026 amid persistent blackouts. A report released by the Nigerian Electricity Regulatory Commission (NERC) shows that the federal government incurred a total electricity subsidy obligation of ₦358.32 billion in the first quarter (Q1) of 2026, down from ₦418.79 billion …
Despite fresh budgetary allocations, intervention funds, debt repayments, and financial support aimed at reviving Nigeria's electricity industry, millions of Nigerians continue to grapple with poor power supply. As the government injects more resources into the sector, stakeholders have continued to express concerns over the impact. Over the past year, Nigeria's power sector has witnessed one …
More than two decades after Nigeria returned to democratic rule in 1999, electricity challenge has seemingly remained resistant to reforms. Despite billions of dollars invested, numerous policy changes, and repeated promises by successive administrations, millions of Nigerians still live with an unreliable power supply, forcing households and businesses to depend on generators for daily survival. …
Despite repeated sanctions imposed on electricity distribution companies (DisCos) by regulators, overbilling and lack of metering continue to dominate customer complaints across Nigeria's power sector, raising concerns about the effectiveness of enforcement measures and the pace of reforms. For millions of electricity consumers, estimated billing remains a persistent source of frustration. Households and businesses continue …
The Nigerian Electricity Regulatory Commission (NERC) has announced the commencement of the Net Billing Regulations 2026, a new framework that will allow eligible electricity customers to generate their own renewable energy and sell surplus power back to the national grid. In a public notice issued on Wednesday, June 3, 2026, NERC said the regulations are …
