Electricity Distribution Companies (DisCos) in Nigeria recorded a revenue shortfall of approximately ₦160 billion in the first three months (Q1) of 2026, highlighting the persistent liquidity crisis across the DisCos. According to the Nigerian Electricity Regulatory Commission (NERC) Commercial Performance Factsheet, revenue losses across 11 distribution companies in January, February and March stood at ₦159.37 billion. …
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 …
Nigeria's electricity Distribution Companies (DisCos) generated a total revenue of ₦207.49 billion in December 2025. Despite the substantial income, the sector recorded a significant revenue shortfall of ₦51.17 billion. This is according to the latest Commercial Performance Factsheet released by the Nigerian Electricity Regulatory Commission (NERC). The revenue loss highlights persistent collection inefficiencies even as …
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 …
