Discos

DisCos generate N509bn amidst multiple grid collapses

Electricity consumers paid a total of N509.84 billion in the fourth quarter of 2024 despite experiencing five national grid collapses within the same period. The Nigerian Electricity Regulatory Commission (NERC) disclosed in its latest report that there were three instances…

DisCos failed to collect N60bn bills in December — NERC

By Seun Ibiyemi The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has reported that the country’s 12 electricity distribution companies (DisCos) failed to collect approximately ¦ 60 billion in electricity bills in December 2024. This information was disclosed…

Let the DisCos die for Nigerians to have light

By Michael Owhoko, Ph.D The unending darkness permeating Nigeria today, unarguably, was the mistake of 2013 when majority stakes in the electricity distribution companies (DISCOs) were sold to private investors as part of larger efforts to improve electricity supply, which…

Electricity consumers owe DisCos N348.84bn

Electricity consumers across Nigeria have failed to pay a staggering N348.84 billion of the electricity bills issued to them by the country’s 11 Electricity Distribution Companies (DisCos), according to a recent report. An analysis of quarterly reports published by the…