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.
Nigeria’s 11 electricity distribution companies (DisCos) generated a combined ₦207.49bn in December 2025, slightly down from ₦208.78bn in November, according to the latest NERC factsheet.
The Nigerian Electricity Regulatory Commission (NERC) has directed all electricity distribution companies (DisCos) to reimburse customers ₦20.33bn in outstanding meter refunds under the Meter Asset Provider (MAP) framework.
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, a situation that exposes them to unpredictable estimated billing methods by distribution companies (DisCos).
Tinubu Drops Ramat, Appoints Oseni as NERC Chairman
President Bola Tinubu has appointed Dr Musiliu Oseni as Chairman of the Nigerian Electricity Regulatory Commission (NERC) following the confirmation of the commission’s board members by the Senate.
Oseni’s appointment indicates that Tinubu has dropped Abdullahi Ramat, whose...
