Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    AIICO, AXA Mansard Dominate as Nigerian Insurers Pay N288.85bn Claims in 2025

    April 25, 2026

    Mali junta battles “terrorist groups” as coordinated attacks hit Bamako and other cities

    April 25, 2026

    Japan eases long-standing restrictions on weapons exports to strengthen defence ties with allies

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

      US Lawmakers Raise Concerns Over Gbajabiamila’s Alleged Call to Disrupt ADC Ahead of 2027 Elections

      April 24, 2026

      APC Ogun East Stakeholders Declare ‘No Endorsement Provision, Recognise Only Consensus or Direct Primaries’

      April 24, 2026

      Obasa Endorses Hamzat for Lagos 2027 Governorship Race

      April 24, 2026

      Afrobeats Star Davido Appointed Head of Youth Mobilisation for Governor Adeleke’s 2026 Re-Election Campaign

      April 24, 2026

      Rescue Mission 2.0: Why Governor Dauda Lawal Should Continue Rebuilding The Future Of Zamfara Through Investment in Education

      April 22, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment April 24, 2026

      Laffmattazz Announces Strategic Partnership with FirstBank of Nigeria Limited for 2026 International Tour

      Recent

      Laffmattazz Announces Strategic Partnership with FirstBank of Nigeria Limited for 2026 International Tour

      April 24, 2026

      5 Reasons Why Lovers of Good Comedy Should Attend “Mr Talk Unbothered – The Fearless on Sunday”

      April 24, 2026

      Zinoleesky Exits Marlian Music, Launches Independent Record Label

      April 24, 2026
    • Business

      Transcorp Group reports ₦125.1bn revenue and ₦50.7bn profit before tax in Q1 2026 results

      April 25, 2026

      Dangote Refinery Exports 1.1bn Litres Of Aviation Fuel To Europe, Supplies 95% Of Nigeria’s Jet A1 – AON  

      April 24, 2026

      Guinness Nigeria Shines as Major Winner in Sustainability Award at Industry Awards

      April 22, 2026

      FirstBank Declares Readiness to Sponsor Global Trade Review 2026

      April 21, 2026

      Dangote Cement Reaffirms Commitment To Host Communities As LOYAMP Seeks Stronger Media Partnership

      April 20, 2026
    • Health

      Cross River Dismisses Report of New COVID-19 Cases

      April 23, 2026

      Cross River Activates Emergency Response As It Confirms First COVID-19 Case Since 2022

      April 23, 2026

      FG Bans Importation of Paracetamol, Metronidazole to Boost Local Drug Production

      April 19, 2026

      Heatwave Raises Malaria Risk as Health Officials Issue Nationwide Alert

      April 17, 2026

      Lagos Pushes Grassroots Health Insurance Drive With Ilera-Eko, Ilera Ibile Engagement

      April 16, 2026
    • Culture

      Adron Homes Strengthens Cultural Influence During Ibadan Cultural Festival

      April 20, 2026

      Ogun State to Showcase “The Rock That Remembers” at Milan Design Week

      April 19, 2026

      Tourism: Olumo Rock Revenue Hits N40m Monthly After Refurbishment ~ Ogun Gov

      April 18, 2026

      Adron Homes Champions Cultural Heritage at Ibadan Cultural Festival 2026

      April 17, 2026

      Abuja Hosts Nigeria–China Martial Arts Exchange to Boost Cultural Diplomacy

      April 14, 2026
    • Lifestyle

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026

      Lagos Hosts “Homecoming Live Music Show” as Alternative Scene Takes Center Stage

      April 4, 2026

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026
    • Sports

      D’Tigress Set for Historic USA Tour Opener Against Los Angeles Sparks

      April 25, 2026

      D’Tigress in group with France, South Korea in FIBA World Cup

      April 22, 2026

      FIFA ranking: Super Falcons top Africa at 36th position

      April 21, 2026

      World Chess Championship: Tunde Onakoya To Represent Nigeria In Hong Kong

      April 21, 2026

      Fmr. Nigerian Sports Minister Galadima Passes On

      April 19, 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 April 15, 2026

    In Q4’25, FG Incurred N418bn Power Subsidy for Energy

    Energy April 15, 2026

    AKK Pipeline Set for July Gas Supply as Power Subsidy Hits ₦418bn

    Energy April 13, 2026

    Electricity generation increased to 4,300MW from 3,951MW — FG

    Energy April 12, 2026

    Power Crisis Deepens in Akwa Ibom as Aging Grid and Vandalism Disrupt Supply

    Energy April 10, 2026

    Tinubu Renews TCN Boss Sule Abdulaziz’s Tenure for Final Term

    Energy April 9, 2026

    Power Sector Records ₦131bn Loss Despite ₦204bn Revenue Collection

    Leave A Reply Cancel Reply

    Don't Miss
    Stocks $ Bonds April 25, 2026

    AIICO, AXA Mansard Dominate as Nigerian Insurers Pay N288.85bn Claims in 2025

    Manny Ita  – Top Nigerian listed insurers on the Nigerian Exchange (NGX) paid a total…

    Mali junta battles “terrorist groups” as coordinated attacks hit Bamako and other cities

    April 25, 2026

    Japan eases long-standing restrictions on weapons exports to strengthen defence ties with allies

    April 25, 2026

    Sarah Mullally, first female Archbishop of Canterbury, to meet Pope Leo XIV in historic Vatican visit

    April 25, 2026

    Subscribe to Updates

    Get the latest news as they happen

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

    Late Capt. Hosa Immortalize As Keffi Polo Tournament Dedicates Trophy

    November 16, 2021

    ACE-COMEDIAN, SHORTCUT HOSTS COMEDY 3.O IN ABUJA.

    November 3, 2021

    Sahara Reporters Fake And Malicious Publication On Prince Ned Nwoko

    December 17, 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.