Nigeria’s power sector recorded a total financial loss of N128.41 billion in July 2026 due to unbilled energy and collection losses by the electricity distribution companies (DisCos), highlighting the persisting liquidity crisis in the sector. This was disclosed in the report on July 2026 Commercial Performance of Distribution Companies released on Thursday by the Nigerian …
The Nigerian Electricity Regulatory Commission (NERC) has raised the proportion of revenues that electricity Distribution Companies (DisCos) must channel into infrastructure upgrades. The move aims to accelerate network rehabilitation and improve electricity supply across the country. The directive is contained in a revised Order on the utilisation of earned Non-Administrative Operating Expenditure (Non-Admin OpEx), issued …
Nigeria's power sector recorded a total revenue shortfall of ₦3.39 trillion in 2025, with tariff subsidies and commercial losses recorded by distribution companies (DisCos) accounting for a substantial share of the sector’s shortfalls. This massive deficit was dominated by Federal Government tariff subsidies and downstream retail losses (billing and collection inefficiencies), which collectively accounted for …
The Nigerian Electricity Regulatory Commission (NERC) has tasked the newly constituted Interim Board of Special Directors of Kaduna Electricity Distribution Plc (KAEDC) with implementing immediate operational interventions to reset the utility firm and steer it back toward sustainable growth within 12 months. The directive was issued on Monday, August 17, 2026, by NERC Chairman, Dr. …
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 …
Residents of some parts of Lagos have been grappling with power outages in the last 48 hours following the shut down of the Egbin Power Station. The facility, located in the Ikorodu area of Lagos has an installed capacity of 1,3000 megawatts and supplies significant power to the national grid. According to a statement released …
Nigeria's electricity distribution companies (DisCos) recorded a revenue loss of ₦63.46 billion in January 2026, as severe gas supply shortages and persistent grid collapses crippled power generation across the country. According to a report issued by the Nigerian Electricity Regulatory Commission (NERC) titled “Commercial Performance of Distribution Companies”, 11 DisCos collectively generated ₦204.74 billion in …
President Bola Tinubu’s recent approval of a ₦3.3 trillion debt settlement plan has been touted as a significant move towards fixing the liquidity crunch that has choked the Nigerian power sector for years. However, the announcement has generated mixed reactions regarding its significance in the efforts towards ending the persistent blackouts that Nigerians have grappled …
For months now, electricity consumers classified under Band A —those promised a minimum of 20 hours of daily power supply—have continued to grapple with a frustrating reality of persistent power outages. In a country where darkness has long shaped daily life, the promise of a steady electricity should feel like relief. However, for many Nigerians, …
Despite a steady installation of meters throughout 2025, not less than 5.2 million electricity customers across the country remain unmetered, leaving them subject to the controversial estimated billing system. This figure was revealed in the latest Metering Factsheet released recently by the Nigerian Electricity Regulatory Commission (NERC). This significant metering gap persists even as the …
