Nigeria’s Power Crisis Deepens as DisCos Record ₦2.4 Trillion Losses in Two Years
Nigeria’s electricity challenges are worsening, with power distribution companies recording massive financial losses that are further destabilising the already fragile sector. Recent data from the Nigerian Electricity Regulatory Commission shows that electricity distribution companies, commonly known as DisCos, lost a combined ₦2.349 trillion between 2024 and 2025 due to persistent billing inefficiencies and weak revenue…
