Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    460.7 Million Forgery And Money Laundering Case Suffers Setback As Principal Defendant Fails To Appear In Court

    July 25, 2026

    New High Commissioner of Nigeria to India Assumes Office

    July 25, 2026

    FG Has No Plan To Raise Electricity Tariff At Any Level

    July 25, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Kashim Shettima Will Run 2027 Election With Tinubu For Second Term Bid

      July 10, 2026

      INEC Uploads Peter Obi on Portal, Grants NDC Access 

      June 30, 2026

      President Tinubu Congratulates Oyebanji On Re-election As Ekiti Governor

      June 21, 2026

      Voting Exercise Commences Peacefully With INEC Ad-hoc Staff Early Arrival In Ekiti State. 

      June 20, 2026

      Itsekiri, Ijaw Decide on Rotation of Proposed Warri Federal Constituency II Seat

      June 13, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment July 25, 2026

      Davido’s ‘Oriade’ Album Set for London Premiere 

      Recent

      Davido’s ‘Oriade’ Album Set for London Premiere 

      July 25, 2026

      Netflix’s The Polygamist Stars Feature on Globacom-Sponsored CNN African Voices

      July 25, 2026

      To Stregthen Cultural Partnership, Germany And Nigeria Engage In Film Week In 4 Cities

      July 24, 2026
    • Business

      Viral N2.5m Monthly Corn Business Earning Dismissed From Source

      July 8, 2026

      Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

      June 30, 2026

      Remi Tinubu Says FG Also Support Pepper, Boole Sellers And Others. 

      June 30, 2026

      FirstBank Reiterates SME Backing To Drive Long-term Economic Growth

      June 29, 2026

      SMEDAN Secures $12m Korean Intervention, Unveils N500m MSME Grow Fund.

      June 29, 2026
    • Health

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026

      Ebola outbreak in Congo kills at least 80, spreads concern to Uganda

      May 17, 2026

      New Ebola Outbreak Confirmed in Eastern Congo as Death Toll Rises

      May 15, 2026
    • Culture

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026

      FCMB Commends Ojude Oba’s Role In Strengthening Culture And Economy

      May 26, 2026

      Gov Adeleke Presents Staff of Office to Afilaka as Alatorin

      May 14, 2026
    • Lifestyle

      Fidelity Bank Reaches Out to 1,000 IDPs in Plateau with Food Bank Initiative

      July 24, 2026

      ARDA Honours Obasanjo at Observant of 20th Anniversary Special Recognition Award

      July 24, 2026

      Nigeria: The Belly of the Beast

      June 24, 2026

      The Room We Never Left: Trauma, Insecurity, and the African Child

      May 25, 2026

      Airbnb Expands Into Hotels, Car Rentals and Grocery Services Amid Global Regulatory Pressure

      May 21, 2026
    • Sports

      Plumptre Enters Another Two-year Contract with Al-Ittihad 

      July 24, 2026

      All Eyes On Team Nigeria As Glasgow 2026 Commonwealth Games Begin Friday

      July 23, 2026

      CAF Presents Record $5.8m WAFCON Prize Fund, Doubles Champions’ Reward to $2m

      July 23, 2026

      CAF Raises Number Of Participants In AFCON To 28 

      July 23, 2026

      FIFA Rankings: Super Eagles at fourth, Morocco Champion Africa Football 

      July 21, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » DisCos Generate ₦207bn in December as Lagos Communities Prepare for Scheduled Power Outage
    Energy

    DisCos Generate ₦207bn in December as Lagos Communities Prepare for Scheduled Power Outage

    Ifetayo AdeniyiBy Ifetayo AdeniyiMarch 8, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita  –

    Electricity distribution companies in Nigeria generated a total of ₦207 billion in revenue in December, according to new data released by the Nigerian Electricity Regulatory Commission (NERC), highlighting the scale of earnings in the power distribution segment despite persistent supply challenges.
    The regulator disclosed the figures in its latest industry data, indicating that the revenue was collected across the country’s electricity distribution companies, commonly referred to as DisCos, which are responsible for distributing power to end users.
    The development comes as some communities in Lagos served by Eko Electricity Distribution Company (EKEDC) prepare for a scheduled power outage expected to take place on March 14.
    Industry officials said the planned outage forms part of routine maintenance and system upgrades aimed at improving the reliability of electricity supply in affected areas.
    A notice issued by the distribution company to customers in parts of Lagos explained that the temporary disruption was necessary to allow engineers carry out technical work on sections of the network.
    “The planned outage is necessary to enable our technical team carry out essential maintenance and upgrade works on the network,” the company said in the notice.
    The firm also urged residents and businesses in the affected communities to make necessary arrangements ahead of the scheduled interruption.
    “We sincerely regret any inconvenience this may cause and appreciate the understanding and cooperation of our valued customers as we work to improve electricity supply,” the statement added.
    Electricity distribution companies have continued to face scrutiny over service delivery, billing practices, and infrastructure challenges since the privatisation of the power sector.
    Regulators and power sector analysts say periodic maintenance and system upgrades remain critical to improving network stability, even as stakeholders push for greater investment in infrastructure to reduce outages and enhance electricity supply across the country.

    Energy
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleIPOB Releases Details of $19,000 Payment to Former Nnamdi Kanu Counsel Ifeanyi Ejiofor
    Next Article NDLEA Arrests Former Lagos Councillor Over Alleged 40kg Cannabis Trafficking
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Energy July 25, 2026

    FG Has No Plan To Raise Electricity Tariff At Any Level

    Energy June 25, 2026

    King of Gas ~ Julius Rone Celebrates 52nd Birthday, Gets Industry’s Accolades

    Energy June 25, 2026

    FG Plans Additional 5MW Expansion, Unveils Mini-grid

    News June 20, 2026

    NASENI, REA Collaborate, Sign MoU On Renewable Energy Deployment

    News June 10, 2026

    Tony Elumelu to Replace Senator Udoma as Seplat Energy Chairman

    Energy June 10, 2026

    Transmission Not Nigeria’s Power Constraint, Grid Transmits More ~ TCN

    Leave A Reply Cancel Reply

    Don't Miss
    Crime & Justice July 25, 2026

    460.7 Million Forgery And Money Laundering Case Suffers Setback As Principal Defendant Fails To Appear In Court

    460.7 Million Forgery And Money Laundering Case Suffers Setback As Principal Defendant, Austin Ugochukwu Albert,…

    New High Commissioner of Nigeria to India Assumes Office

    July 25, 2026

    FG Has No Plan To Raise Electricity Tariff At Any Level

    July 25, 2026

    Governor Dauda Lawal Join VP Shettima’s Delegation to Benin Republic, Seeks Industrial Model to Boost Zamfara’s Agric Zones

    July 25, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Dorian Homes Plans To Host Its First Children’s Christmas Party

    November 11, 2021

    Edo speaker invested into knighthood of St Christopher

    October 31, 2021

    Active Movie Producers And Marketers Association of Nigeria (AMPMAN)

    November 16, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.