DisCos Hit Record Revenue in Q1 2025 Despite Persistent Power Supply Challenges
July 7, 2025 Nigeria’s electricity distribution companies (DisCos) posted their highest quarterly revenue since the sector was privatised in 2013, raking in a record sum during the first quarter of 2025. This development comes despite growing public frustration over erratic electricity supply nationwide. According to industry data from the Nigerian Electricity Regulatory Commission (NERC), the