The Federal Government’s $500m World Bank-backed electricity metering programme has installed only 217,784 smart meters out of its target of 3.2 million, according to the Nigerian Electricity Regulatory Commission (NERC).

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...

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).

A new clash is unfolding over Nigeria’s electricity sector as state regulators accuse the National Assembly of trying to roll back powers devolved to states under the Electricity Act 2023.

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).

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.