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DisCos Reject Order to Lock 70% of Revenue in CapEx Accounts

The Nigerian electricity distribution companies (DisCos) have rejected a new directive from the Nigerian Electricity Regulatory Commission (NERC) requiring them to set up dedicated capital expenditure (CapEx) accounts, calling it an intrusion into the management of privately owned utilities.

Power Sector Loses N2.6bn to Transmission Faults in 3 Months

Power Sector Loses N2.6bn to Transmission Faults in 3 Months   Nigeria’s electricity transmission losses cost the power sector an estimated N2.61bn in the first quarter of 2026 as the Transmission Company of Nigeria failed to meet the loss target set by the Nigerian Electricity Regulatory...

Consumers Pay ₦801bn Despite Power Outages – NERC

Nigerian electricity distribution companies (DisCos) collected ₦801.16bn from consumers between January and April 2026, despite widespread blackouts and supply shortages, according to data from the Nigerian Electricity Regulatory Commission (NERC).

Power Sector Lost ₦310bn in Q1 2026 – NERC

Nigerian electricity distribution companies (DisCos) lost about ₦310bn in Q1 2026 due to unbilled energy and poor revenue collection, according to the Nigerian Electricity Regulatory Commission (NERC).

DisCos Collect ₦600bn in Q1 Despite Power Crisis

Electricity Distribution Companies (DisCos) collected about ₦597.55bn from consumers in Q1 2026, according to the Nigerian Electricity Regulatory Commission (NERC), despite persistent blackouts and sector challenges.

DisCos Install 241,590 as National Metering Rate Remains Below 60%

Electricity distribution companies (DisCos) installed 241,590 meters across Nigeria in the first two months of 2026, according to new data released by the Nigerian Electricity Regulatory Commission (NERC).