Nigeria’s electricity distribution companies (DisCos) recorded a total of ₦653.19 billion in losses in their revenue collections over 12 months. This is even as electricity billing rose by 12.9 per cent from ₦466.69 billion in the third quarter of 2024 to ₦706.61 billion in the same period of 2025. Quarterly reports released by the Nigerian …
The Bureau of Public Enterprises (BPE) recently hinted at a plan to list two electricity distribution companies (DisCos) and one generation company (GenCos) on the Nigerian Exchange (NGX). Similarly, the Nigerian National Petroleum Company (NNPC) Limited has been nursing this idea since the state-owned oil firm transitioned into a private-driven enterprise. As desirable as their …
By Sunday Michael Ogwu Customer complaints lodged with electricity distribution companies (DisCos) across Nigeria have fallen by 22.7% over a three-quarter period—from Q2 2024 to Q1 2025—even as persistent issues around metering, billing, and service interruptions remain dominant concerns among consumers. An analysis of official complaint data released by the Nigerian Electricity Regulatory Commission (NERC) …
