Mathew Amaechi
A scathing review of Nigeria’s Electricity Distribution Companies (DisCos) has been issued by Mr. Chinedu Bosah, National Coordinator of the Coalition for Affordable and Regular Electricity (CARE).
Bosah described the DisCos’ 2024 performance as “abysmal,” citing their prioritization of profits over essential infrastructural upgrades.Bosah in an interview with members of the media knocked the DisCos for prioritizing profit at the expense of infrastructural upgrades, noting that the power sector witnessed widespread consumer complaints about the erratic power supply and sky-high electricity billing.
Bosah criticized DisCos for failing to provide free meters to a significant number of Nigerians, highlighting the prevalence of estimated billing in the absence of prepaid meters as a major industry problem.
Approximately 55% of households connected to the national grid, around seven million, still lack meters. These meters, which should be provided free of charge by the DisCos, have become a significant obstacle to efficient electricity distribution.
Despite generating substantial revenue, with reports indicating N431.16 billion in customer revenues for Q2 2024, DisCos has failed to address the fundamental issues plaguing the power sector.
Bosah’s critique echoes the concerns of many Nigerians who continue to face challenges in accessing reliable and affordable electricity. As the country moves forward, DisCos should prioritize the needs of its customers and invest in necessary infrastructure upgrades.
