Nigeria’s electricity distribution companies (DisCos) collected a total of ₦553.63 billion in the first quarter of 2025, even as customers across the country continued to report poor power supply, billing issues, and persistent outages. The Nigerian Electricity Regulatory Commission (NERC), in its Q1 2025 report, revealed that the amount marked an increase of ₦43.79 billion [...]The post DisCos rake in ₦553.6bn in Q1 2025 despite widespread power supply complaints appeared first on Nigerian NewsDirect.
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