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 …
The National Power Grid collapsed for the first time in 2026, leaving major parts of Nigeria in total blackout. Checks by Pinnacle Daily on the Nigerian Independent System Operator Dashboard reveal that generation has dropped from a peak of 5,171.30 megawatts (MW) to 47.40MW as at 4:00 pm on Friday, January 23. Out of about …
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 …
Despite widespread electricity shortages across Nigeria, neighbouring West African countries supplied with power from the national grid are owing the country millions of dollars in unpaid electricity bills. According to the Nigerian Electricity Regulatory Commission (NERC), Togo, Niger and Benin currently owe Nigeria $17.8 million (about ₦25 billion at the prevailing exchange rate) for electricity …
As the key driver of economic development, Nigeria’s energy sector has, over the years, been influenced by events, policies and actions. Nigeria's energy sector in 2026 faces several significant events, all testing whether recent reforms can translate into tangible improvements in oil and gas production, power supply, and investments in other subsectors. The major issues …
President Bola Tinubu has requested the Senate to confirm two nominees for appointment as commissioners of the Nigerian Electricity Regulatory Commission (NERC). The request was conveyed in a letter addressed to the upper chamber and read by Senate President Godswill Akpabio during plenary on Tuesday. Tinubu stated that the nominations were made in accordance with …
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 …
Nigeria's electricity crisis remains one of the most significant constraints on its economic development. Despite being Africa's largest economy, Nigeria struggles with chronic power shortages, with operational output hovering around 5,000 megawatts (MW) for a population of over 200 million people. The centralised model of electricity generation, transmission, and distribution has, according to experts, proven …
By Victor Ezeja Prepaid meter deployment in Nigeria has been hampered by high costs, systemic corruption, and inefficiencies, leaving millions of consumers at the mercy of an arbitrary and exploitative estimated billing system. Since the privatisation of the power sector more than a decade ago, the Federal Government has continued to adopt measures to close …
