NERC Orders DisCos to Fund Network Upgrades

NERC Orders DisCos to Fund Network Upgrades

Nigeria’s electricity regulator has ordered distribution companies to reserve up to 60 per cent of eligible operating revenue for approved network rehabilitation, reinforcement and expansion projects. The Nigerian Electricity Regulatory Commission has directed electricity distribution companies to commit half of eligible operating revenue to projects aimed at improving the country’s power distribution network. Under the…

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DisCos Collect N204bn as Gas Debts Cripple Power Generation

DisCos Collect N204bn as Gas Debts Cripple Power Generation

Nigerian electricity distribution companies (DisCos) collected N204.74 billion from consumers in January 2026, despite a near-collapse of the national grid. Data from the Nigerian Electricity Regulatory Commission (NERC) reveals that revenue remained high even as power supply plummeted to roughly 2,000 megawatts. This paradox was driven by a debt crisis between gas suppliers and generation…

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