Nigeria’s electricity distribution companies (DisCos) posted their highest quarterly revenue since privatisation in Q1 2025, despite widespread concerns over poor electricity supply.
Nigeria’s electricity distribution companies (DisCos) posted their highest quarterly revenue since privatisation in Q1 2025, despite widespread concerns over poor electricity supply. According to data from the Nigerian Electricity Regulatory Commission (NERC), the 11 DisCos generated a total of N553.63 billion between January and March 2025. This figure marks a nine percent increase compared to the N508 billion recorded in the last quarter of 2024.
The revenue spike coincides with growing public dissatisfaction over erratic power distribution across the country. Despite the earnings surge, millions of Nigerians continue to face unreliable electricity services. NERC has not released further commentary on how these funds will be used to improve supply or infrastructure.
This development raises questions about the pricing, billing practices, and operational efficiency of the DisCos. Analysts say the disparity between revenue growth and service quality may fuel increased public scrutiny and regulatory oversight in the coming months.