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Nigeria’s electricity distribution companies ended 2025 with a curious paradox on their books. They pumped out more power, banked record revenue and connected more meters than ever before, yet quietly watched more than a million paying customers walk away. Fresh figures from the National Bureau of Statistics, drawn from data compiled by the…
A temporary halt has been placed on a major electricity metering procurement process after a Federal High Court in Kano directed all parties to preserve existing conditions pending further hearing. The order, issued on Wednesday by Justice M. N. Yunusa, followed an ex parte application brought by the Trustee of the Association of…
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…
