Despite widespread complaints over erratic electricity supply and questionable billing, Nigeria’s power Distribution Companies (DISCOs) recorded a 39.7% increase in revenue, rising from ₦810.86 billion in 2024 to ₦1.132 trillion in the first half of 2025.
Monthly Revenue Breakdown (2025):
- January – ₦178.68 billion
- February – ₦191.75 billion
- March – ₦188.89 billion
- April – ₦199.85 billion
- May – ₦191.57 billion
- June – ₦182.11 billion
This surge comes as consumers lament poor supply, estimated billing, and increasing dependence on alternative power sources like generators and solar systems due to frequent blackouts and limited transmission capacity.
Stakeholders are perplexed by the rising revenue amid Transmission Company of Nigeria’s failure to transmit 16,384MW from power Generating Companies (GENCOs), leading to business losses and household strain.
Reacting, ANED MD, Sunday Oduntan, attributed the revenue growth to President Tinubu’s policies fostering investment, supply, and collection efficiency.
Adetayo Adegbemle of PowerUp Nigeria added that improved metering efforts under NERC’s Meter Acquisition Fund may be boosting collections. He, however, flagged the electricity subsidy as a key challenge, calling it a growing financial burden due to the gap between actual cost and regulated consumer tariffs.
