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NIGERIA ELECTRICITY
The Federal Government installed 707,765 electricity meters across Nigeria in the first half of 2026, representing a 71% increase from the 412,792 meters installed in the corresponding period of 2025.
Electricity customers in Benin, Togo and Niger left $10.17 million unpaid on power invoices issued by Nigeria’s Market Operator (MO) in the second quarter of 2026, according to the Nigerian Electricity Regulatory Commission (NERC).
Nigeria’s electricity distribution companies (DisCos) failed to collect N45.26 billion from customers out of the N250.79 billion they billed for electricity in July 2026.
The management of Ikeja Electric recently invested N500million in injection substation to boost electricity supply to its customers in Obawole, Fagba and Iju in Ifako-Ijaiye Local Government Area of Lagos State.