Nigerians spent about N3.5 trillion on electricity payments to distribution companies (DisCos) in 18 months, despite persistent complaints of poor power supply across the country, THE WHISTLER has gathered.
The analysis of the data obtained from the Nigerian Electricity Regulatory Commission (NERC), the revenues of electricity distribution companies showed that the firms generated N2.3tn in 2025, N597bn in the first quarter of 2026 and N603.6bn in the second quarter of the year.
The figures indicate that consumers continued to pay substantial amounts for electricity, even as unreliable supply remained a major concern for households and businesses.
Meanwhile, payment records from Govspend show that the Federal Ministry of Power disbursed hundreds of millions of naira on various electricity projects between 2025 and 2026.
The projects covered transmission infrastructure, transformer installations, distribution lines, solar mini-grids and alternative power supply systems across several states.
One of the payments was N642.6 million made on May 12, 2026, for the fifth progress and updated status report on the Lagos and Ogun States Transmission Line and Associated System Improvement Project.
The payment was made to Engineering and Environmental Management Services Limited.
On May 10, 2026, the ministry also paid N680.9 million to Quevedo International Limited for the construction and supply of a 7.5MVA, 33/11KV transformer injection substation at Okpara Waterside in Delta State.
Another N182.2 million was paid to Eventuate Clever Links Ltd on April 9, 2026, for the supply and installation of transformers and construction of electricity distribution lines at Oke Ipin Olorunsogo Community in Ibarapa East Local Government Area of Oyo State.
Similarly, Zamani Global Concept Enterprise Ltd received N128.6 million on April 9, 2026, for the installation of a 300KVA transformer and construction of high-tension and low-tension electricity lines at James Catholic Church, Waver, in Katsina-Ala Local Government Area of Benue State.
The ministry also paid N118.4 million to QS and GS Limited on December 31, 2025, for transformer installation and electricity line construction at Apakan Community in Ibarapa Central Local Government Area of Oyo State.
In another payment, N262.1 million was disbursed to Truetech Global Investment Services Limited on December 3, 2025, for a 2MW alternative power supply project at the Administrative Staff College in Badagry, Lagos State.
On December 22, 2025, Power System and Automation Solution Limited received N322.8 million as a 30 per cent advance payment for a project involving the installation of two 60MVA, 132/33KV substations, a 500KVA transformer, a solar mini-grid and solar streetlights at Lare, Kaduna State.
Also, N130.4 million was paid to Asighnet Nigeria Limited on August 19, 2025, for the construction of a 33KV overhead line and installation of two 500KVA transformers at Ngarin and Minna communities in Ngaski Local Government Area of Kebbi State.
THE WHISTLER can report that despite all the investments in the power sector, poor electricity supply remains prevalent in many parts of the country.
