Nigeria's electricity distribution companies (DisCos) recorded a loss of ₦60.65 billion in revenue in November 2025, reflecting ongoing collection challenges. This was disclosed in a report released by the Nigeria Electricity Regulatory Commission (NERC). The NERC’s Factsheet, which contains the commercial performance data of the DisCos for November 2025 show that ₦269.43 billion was total …
Twenty-four hours after Nigeria’s national grid collapsed, power generation has rebounded, reaching 4,410 megawatts (MW) as of Saturday evening, checks by Pinnacle Daily reveal. Pinnacle Daily reports that as of 5:00 pm on Saturday, January 24, power generation has recovered, reaching 4,410.54 megawatts (MW). According to the Nigerian Independent System Operator (NISO) GRID performance dashboard, …
The Nigerian government has reiterated its warning against charging customers for the installation of electricity meters. Minister of Power Adebayo Adelabu, who declared that meter installation is free of charge, warned that any electricity Distribution company (DisCo) official or installer caught demanding money for meter installations will face public prosecution. The minister gave the warning …
Despite efforts to close the metering gap in the Nigerian Electricity Supply Industry (NESI), not less than 5.38 million registered customers nationwide remain unmetered as at August 2025. This was revealed in the latest Metering Factsheet released by the Nigerian Electricity Regulatory Commission (NERC). According to the fact sheet, the total number of active customers …
Power generation companies (GenCos) in Nigeria have lost an estimated ₦987.92 billion in five years due to the persistent electricity crisis arising from frequent collapse of the national grid and poor distribution infrastructure. A recent report released by the Association of Power Generation Companies (APGC) explained that the figure represents the value of electricity that …
As Nigerian electricity Distribution Companies (DisCos) prepare to renew their operational licences in 2028, the federal government has announced plans to introduce a minimum capital adequacy requirement. Minister of Power, Adebayo Adelabu, who made this known at the Nigeria Energy Forum in Lagos, said the aim is to strengthen the financial health of DisCos and boost …
