Nigerians Paid More for Electricity Despite Poor Supply - NERC Report Reveals
According to a report by the Nigerian Electricity Regulatory Commission (NERC), Nigerians paid a total of N1.13 trillion to electricity distribution companies (DISCOs) in the second and third quarters of 2025, despite facing poor electricity supply and frequent outages. The report revealed an overall increase of 4.63% in revenue collection efficiency over the six-month period, with some DISCOs showing improved collection efficiency.
Ikeja Electricity Distribution Company achieved a 100% collection efficiency, while Kaduna DISCO recorded the steepest decline. The power sector faced challenges such as gas supply shortages and unpaid debts, leading to reduced power generation.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
Read full article
Continue on Legit.ng
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigerian Government Spends ₦458.75 Billion on Power Subsidies as Discos Improve Revenue Collections
NERC Reports Over 187,000 Electricity Customers Metered in Two Months
Nigerian Discos Collect N208bn Amid Power Failures, Regulatory Concerns
NERC Advises Nigerians on Reporting Electricity Issues for Faster Resolution
Nigeria's Power Sector Struggles as Plants Operate Below Capacity, NERC Reports
Nigeria to Witness Improved Electricity Supply Following Government's Infrastructure Boost
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
