Electricity distribution companies lose 1.13 million customers despite increased supply and revenue
via Punch Nigeria11 min read
Electricity Distribution Companies in Nigeria experienced a loss of over 1.13 million customers between the fourth quarter of 2024 and the fourth quarter of 2025, according to data from the National Bureau of Statistics. This decline occurred despite improvements in operational indicators, including a 6.76 percent increase in electricity supplied, a 23.75 percent rise in revenue generated to N630.93 billion in Q4 2025, and a 12.18 percent increase in metered customers. The total customer base decreased from 13.30 million to 12.16 million, an 8.52 percent year-on-year drop. Benin Electricity Distribution Company, Kaduna Disco, and Yola Disco recorded the highest customer losses, while Enugu Electricity Distribution Company, Abuja Disco, and Ikeja Disco gained customers. The customer exodus is attributed to persistent unreliable power supply and rising energy costs, leading households and businesses to seek alternative power sources. In 2024, 24 bulk electricity consumers obtained licenses to disconnect from the national grid, and 22 entities secured off-grid generation permits. Additionally, about 250 manufacturers and tertiary institutions have opted for self-generation. Companies listed on the Nigerian Exchange spent N400.83 billion on alternative energy in Q1 2026, an increase from N386.67 billion in Q1 2025. Minister of Power, Chief Joseph Tegbe, has assured that electricity supply will improve by year-end, citing ongoing reforms.
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This summary was AI-generated from a story originally published by Punch Nigeria.
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