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 …
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 …
The Federal Government and the National Assembly have reaffirmed their commitment to supporting complementary roles for electricity regulators as Nigeria transitions to a multi-tier electricity market. At a workshop in Abuja on "Legal, Policy and Regulatory Harmonisation between Federal and State Institutions on the Decentralisation of the Nigerian Electricity Supply Industry (NESI)," top officials stressed …
The Nigerian Electricity Regulatory Commission (NERC) has backed call by Minister of Power, Joseph Tegbe for greater regulatory harmony and operational coordination across the nation's evolving electricity market. This call for harmony comes at a critical juncture as Nigeria transitions to a multi-tier electricity system under the Electricity Act 2023. The endorsement was delivered during …
The Nigerian Electricity Regulatory Commission (NERC) has commenced an engagement aimed at driving a structural alignment with the judiciary to protect the ongoing decentralization of Nigeria's power sector. As the country transitions into a multi-tier electricity market under the Electricity Act 2023, the intersection of law, commercial regulation, and judicial interpretation has become highly critical. …
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 …
The Nigerian Electricity Regulatory Commission (NERC) has issued a directive for the offer of special compensation to Band A Customers following widespread power outages that occurred in recent months. In a statement released on Wednesday, the Commission said the decision contained in Directive No. NERC/2026/002, was informed by the significant power generation shortages experienced across …
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. …
