By MAHMOUD
The Nigerian electricity distribution companies (DisCos) are making huge revenues, with a 29% increase in 2025, totaling N2.33 trillion, despite persistent power outages and customer complaints.
Meanwhile, staff are being sacked for failing to recover debts, while customers are being hit with estimated billings on Band A charges.
The Nigerian Electricity Regulatory Commission (NERC) attributes the revenue growth to improved meter installation and tariff adjustments.
However, consumer groups argue that the increased revenue hasn’t translated to better services or infrastructure upgrades.
Eko Electricity Distribution Company recorded the highest revenue recovery rate at 99.45%, while others like Benin, Ibadan, and Port Harcourt, Kano and kaduna lagged behind.
The DisCos’ billing efficiency is also a concern, with some companies billing customers for electricity they didn’t receive.
The Association of Power Generation Companies has warned that the situation may worsen due to a N3.3 trillion debt owed to gas suppliers.
Kano Electricity Distribution Company PLC KEDCO as well KAEDCO kaduna Electric, the two force were generating 16bn, 7bn monthly translates their revenue wasn’t enough to carter for staff welfare. Even as the supply is too meager to served the general public.
Would you like to know more about the impact of estimated billings on customers or the government’s plans to address the power sector’s challenges?
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