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 …
The Nigerian Electricity Regulatory Commission (NERC) has reported a sharp drop in revenue remittance by electricity distribution companies (DisCos) in the second quarter (Q2) of 2025, signalling renewed financial strain in Nigeria’s power sector. According to the latest NERC Q2 2025 Quarterly Report, DisCos collectively remitted ₦399.20 billion to the electricity market — a 27.9 …
