DisCos Face Revenue Slump Despite Efficiency Gains

DisCos Face Revenue Slump Despite Efficiency Gains

Nigeria’s electricity distribution companies are learning a hard lesson in diminishing returns. Data from the Nigerian Electricity Regulatory Commission shows that improved operational efficiency failed to stop a revenue slide in February. The sector received 17.64% more energy by value than in January, yet total billings dropped by nearly 10%. This gap suggests that while…

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DisCos Collect N204bn as Gas Debts Cripple Power Generation

DisCos Garnered N207bn in December as Revenue Leakage Persists

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,…

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