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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…
Nigeria’s electricity distribution companies (DisCos) collected N207.49 billion from customers in December 2025, according to the latest performance factsheet from the Nigerian Electricity Regulatory Commission (NERC). While the figure suggests a bustling festive period for the utilities, it masks a persistent fiscal wound: a N51.17 billion revenue shortfall. Of the N258.66 billion billed to consumers,…
