Nigerian Electricity distribution companies, commonly called DisCos, are the final link between power generation and the Nigerian consumer.
These firms hold the responsibility for metering, billing, infrastructure maintenance, and responding to outages.
For most Nigerians, electricity reliability is more than a convenience; it determines whether businesses thrive or shut down.
The efficiency of each DisCo directly affects productivity, cost of living, and even security.
According to the Nigerian Electricity Regulatory Commission (NERC), Nigeria has a total of 13,339,635 registered electricity customers across the twelve (12) DisCos, out of which 7,182,909 are yet to be metered. This represents 53.85% of electricity customers across the country.
Since the privatization of electricity distribution companies in 2013, the 11 licensed DisCos, with one more added recently to make a total of 12 in Nigeria, have been tasked with improving power supply and expanding access to prepaid meters. However, performance has varied widely, with a few players accounting for the largest share of connected customers across the country.
This article examines the chief executives leading Nigeria’s top ten electricity distribution companies (DisCos) by registered customer numbers as of the first quarter of 2025. The executives are responsible for keeping the lights on for millions of homes and businesses across the country.
Here are the CEO’s of the 12 DisCos ranked by registered customer numbers
Engr. Francis Agoha is the Managing Director and Chief Executive Officer of the Ibadan Electricity Distribution Company (IBEDC), Nigeria’s largest power distribution company by registered customers, serving more than 2.69 million users across Oyo, Ogun, Osun, Kwara, and parts of Niger, Ekiti, and Kogi States as of the Q1 2025.
Despite the sector’s persistent challenges, IBEDC recorded total billings of N82.88 billion in the first quarter of 2025, with revenue collections reaching N61.73 billion, reflecting a collection efficiency of 74.48%.
Agoha is an engineer with more than two decades of experience in Nigeria’s energy and power industry. He is widely respected for his technical depth and operational expertise. He holds a Bachelor of Science degree in Power Systems Engineering from the Federal University of Technology, Owerri, Imo State.
Before his appointment as Managing Director in 2024, he served as the Chief Technical Officer (CTO) of IBEDC, where he played a key role in improving grid performance, driving technical innovation and enhancing customer supply reliability.
Prior to joining IBEDC, Agoha was General Manager, Technical, at Eko Electricity Distribution Company (EKEDC) under Sahara Group, where he oversaw grid operations and led major technical efficiency projects between 2019 and 2022. He also served as Executive Lead, Power Generation Business, at Sahara Group and as Chief Operating Officer at Transcorp Ughelli Power Limited, where he supervised generation operations and performance optimization.
Agoha began his professional career at General Electric (GE), spending over eight years in various roles across Africa and the Middle East. He rose from Field Engineer and Project Manager to Regional Service Manager, gaining extensive international exposure in gas turbine operations and power plant management.
He also holds a National Diploma in Electrical and Electronics Engineering from the Federal Polytechnic, Nekede.
Agoha is a Fellow of the Nigerian Society of Engineers (NSE), a member of the Nigerian Institute of Power Engineers, and a certified professional under the Council for the Regulation of Engineering in Nigeria (COREN).
