DisCos record N358bn revenue shortfall in three months
NERC says the 11 electricity distribution companies collected N546.71bn in Q2 2025 but lost N357.89bn to inefficiencies and unpaid bills.
discos
DisCos posted N564bn revenue in 2025 second quarter – NERC
NERC says DisCos collected N564.7bn revenue in Q2 2025, representing a 76% collection efficiency.
States move to bypass DisCos and buy power directly from GenCos
This move reflects state-level interest in activating the 2017 Eligible Customer Regulation, which permits direct energy purchases from GenCos.
Edo electricity commission sets ₦160/MWh for Band A, says NERC lacks tariff authority
Enugu’s power adviser, Joe Aneke, says NERC lacks the authority to override state electricity tariff decisions, defending the ₦160/MWh Band A rate.
DisCos overcharge 2 million customers amid metering, efficiency challenges
NERC report shows over two million Nigerian electricity customers were overbilled in 2024, triggering ₦105 billion in credit adjustments.
FG moves to re-privatise 11 power Discos over poor performance
The amendment bill warns that investors risk losing their stakes through “share dilution, receivership, or outright re-privatisation.”
Tinubu pledges payment of ₦4tn debt to GENCOs, orders audit first
Special Adviser on Energy, Olu Verheijen, noted that a ₦4 trillion bond has received anticipatory approval, but will only cover verified claims.
NERC reports Benin and Togo owe Nigeria $11m for electricity supply
The Republics of Benin and Togo owe Nigeria over $11 million for electricity supplied in Q1 2025, the Nigerian Electricity Regulatory Commission (NERC) reported.
Despite Band A tariff hike, DisCos remain power sector’s weakest link – Adelabu
Despite improved power generation and a stabilised national grid, Minister of Power Adebayo Adelabu says DisCos remain the weakest link in Nigeria’s electricity supply chain. Speaking at a Senate retreat, Adelabu criticised DisCos for poor performance, low remittances, and lack of investment, despite a 240% Band A tariff increase.
NERC fines eight DisCos N628m for over billing unmetered customers
“These DisCos have been fined over N628 million and are required to issue credit adjustments to the affected customers by May 15, 2025,” the Commission said.