Revealed! Nigerian power DisCos see revenue shortfall of N60 billion

• The 12 energy DisCos in Nigeria failed to collect more than N60 billion in power bills in December 2024, according to data from NERC
• The industry’s stability and ability to provide customers with reliable electricity are called into question by this significant income imbalance
• Only 74.71 per cent of the total amount owed has been collected, leaving a sizable N60.25 billion shortfall

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

A report by the Nigerian Electricity Regulatory Commission (NERC) has shown that the 12 electricity distribution firms (DisCos) were unable to collect over N60 billion in power bills in December 2024.

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