EPISODE · Sep 4, 2026 · 1 MIN
Nigeria's DisCos Struggle to Collect Payments | Nigeria News
from Nigeria News Today | 2 Min News | The Daily News Now!
Nigeria’s power distributors hit a major cash crisis in June, collecting just 191 billion naira from bills totaling 240 billion — a gaping 123 billion shortfall that’s getting worse. Collection efficiency plummeted to under 80%, down seven percent from May, while the value of energy delivered actually rose. The problem isn’t billing — it’s payment recovery, with some regions like Benin and Eko managing over 86% collection, while northern DisCos like Kaduna and Kano struggle below 50%. This persistent gap threatens the financial survival of Nigeria’s electricity sector. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2ba9c1a4adbc5576
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Nigeria's DisCos Struggle to Collect Payments | Nigeria News
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