Despite significant revenue increases driven by aggressive Band A tariff hikes, Distribution Companies (DisCos) remain trapped in a web of legacy debts, grid failures, and metering shortfalls, which have left many Nigerians still suffering the brunt of an epileptic power supply.
The Nigerian Electricity Regulatory Commission (NERC), in April 2024, approved an increase in electricity tariffs from N66 to N225 per kilowatt-hour (kWh), which was later reviewed down to N206/kWh for customers under the Band A classification. These customers, accor
