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 …
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 …
