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).
Electricity distribution companies (DisCos) have recorded improved efficiency in February 2026 but still suffered a ₦8bn revenue decline, indicating persistent weaknesses in the sector’s commercial framework.
DisCos Deploy 130,209 Meters Through N49bn Funding Scheme
Not less than 130,209 meters were installed by electricity distribution companies under the Meter Acquisition Fund framework, even as the Federal Government invested N49bn in the MAF between 2024 and 2025.
Reports and documents from the Nigerian Electricity...
Electricity consumers in Nigeria paid at least ₦84.36 billion for meters in 2025 under the Meter Assets Programme (MAP), according to data from the Nigerian Electricity Regulatory Commission (NERC).
Three West African countries, Benin, Togo, and Niger, owe Nigeria about $9.55 million for electricity supplied in the last quarter of 2025, according to the Nigerian Electricity Regulatory Commission (NERC).Â
Nigeria’s electricity distribution companies (DisCos) collected ₦204.74bn in January 2026, representing a 76.34% collection efficiency, but still recorded losses of over ₦131bn due to billing and collection gaps.
