Close Menu
Gofishe News
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Govima Travel
    • Govima Media
    • Govima TV
Facebook X (Twitter) Instagram
Trending
  • Premier League Matchday Review: Saturday, 30 August 2025 – Thrills And Drama Across Stadia
  • Anambra Community Celebrates Rescue And Restoration After 15-Hour Security Operation
  • PDP South-West Chairman Defiant As Wike’s Threats Fail To Derail National Convention
  • Katsina State Allocates ₦20m Per Local Government For Graveyard Renovations
  • UK Government Bars Over 100 Job Roles From Foreign Recruitment in Immigration Crackdown
  • ASUU Slams Federal Government Over Inaction, Demands Concrete Action On 2009 Agreement
  • Nigeria Mourns Ruth Elton, Oldest Serving Missionary, Who Passed Away At 91
  • Shea Industry Poised For Growth As Stakeholders Rally Behind Nigeria’s Export Ban
X (Twitter) Instagram
Gofishe NewsGofishe News
Subscribe
Saturday, December 6
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Govima Travel
    • Govima Media
    • Govima TV
Gofishe News
Home»National

Nigeria Launches Bold Plan To Revamp Underperforming Electricity DisCos

Adejuyigbe FrancisBy Adejuyigbe FrancisMay 13, 2025 National No Comments2 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp

Nigeria Launches Bold Plan To Revamp Underperforming Electricity DisCos.

The Federal Government has unveiled an ambitious plan to overhaul Nigeria’s struggling electricity Distribution Companies (DisCos), aiming to address chronic underperformance and improve power supply across the country. The announcement, made by Minister of Power Adebayo Adelabu in Abuja on Monday, comes amid a legal dispute over the controversial takeover of Ibadan Electricity Distribution Company (IBEDC).

 

Adelabu revealed that the government is collaborating with the Japanese International Cooperation Agency (JICA) to develop a comprehensive reform blueprint. The initiative targets underperforming DisCos, with a pilot scheme set to begin between May and August 2025. Two DisCos—one in the northern region, where Kaduna DisCo recorded a staggering 60.65% aggregate technical, commercial, and collection (ATC&C) loss in late 2024, and another in the southern region, where IBEDC is embroiled in controversy—are the initial focus.





 

“We will use our regulatory authority to restructure underperforming DisCos and compel compliance where necessary. Nigerians have endured poor service for too long,” Adelabu declared, underscoring the government’s resolve to enforce reforms.

 

The push for change follows calls from the National Assembly and industry experts, including Edu Okeke, Managing Director of Azura Power West Africa, who stressed that Nigeria’s 11 DisCos require at least $5.5 billion in capital investment. Okeke argued that each DisCo needs a minimum of $500 million to operate effectively, given their outdated infrastructure and financial constraints.

 

JICA’s Power Sector Policy Adviser to Nigeria, Takeshi Kikukawa, advocated for a holistic approach, combining internal reforms with external expertise, stronger leadership, and federal oversight. “The aim is to deliver immediate results in the pilot zones while building a foundation for sustainable, nationwide improvement,” Kikukawa said.

 

The reform initiative coincides with a brewing legal storm over the proposed $62 million sale of the Asset Management Corporation of Nigeria’s (AMCON) 60% equity in IBEDC, one of Nigeria’s largest DisCos. The controversy has heightened scrutiny of the sector’s challenges, including poor service delivery and financial mismanagement.

 

As the government moves to transform the electricity distribution landscape, the collaboration with JICA and the focus on regulatory enforcement signal a determined effort to deliver reliable power to Nigerians and end years of frustration with underperforming DisCos.

#Discos Electricity Federal government Nigeria
Share. Facebook Twitter LinkedIn WhatsApp
Adejuyigbe Francis
  • Website

Thought leader. Investor. Quintessential. Idea Bank. Publisher.

Keep Reading

Anambra Community Celebrates Rescue And Restoration After 15-Hour Security Operation

PDP South-West Chairman Defiant As Wike’s Threats Fail To Derail National Convention

Katsina State Allocates ₦20m Per Local Government For Graveyard Renovations

ASUU Slams Federal Government Over Inaction, Demands Concrete Action On 2009 Agreement

Nigeria Mourns Ruth Elton, Oldest Serving Missionary, Who Passed Away At 91

Shea Industry Poised For Growth As Stakeholders Rally Behind Nigeria’s Export Ban

Add A Comment

Comments are closed.

Here is spotlighting many benefits of journeying with either Lagos State’s Blueline or Redline rails for a hassle-free day, week, month and year. Thank God for the Igbega Eko. Together we rise.
https://youtu.be/V67GV8wgyjw

Latest Posts

  • Premier League Matchday Review: Saturday, 30 August 2025 – Thrills And Drama Across Stadia
  • Anambra Community Celebrates Rescue And Restoration After 15-Hour Security Operation
  • PDP South-West Chairman Defiant As Wike’s Threats Fail To Derail National Convention
  • Katsina State Allocates ₦20m Per Local Government For Graveyard Renovations
  • UK Government Bars Over 100 Job Roles From Foreign Recruitment in Immigration Crackdown
Featured
About Govima

Govima was founded with the goal of helping clients thrive in today’s highly competitive marketing environment. While other companies rush to abandon traditional marketing in favour of digital techniques, we’ve bolstered our offline marketing capabilities while also equipping our team with seasoned professional knowledge to support our clients’ digital needs.

Through creative designs, we enhance our clients’ products and services the right way that would attract their target audience, thus, making the perception of their company a reality.

  • LTV 8, Agidingbi Road, Alausa, Ikeja, Lagos.
  • +234 806 003 7277
  • info@govima.com
Govima, Your Best Plug For Bus Stop Shelter Ad

LATEST POSTS

Premier League Matchday Review: Saturday, 30 August 2025 – Thrills And Drama Across Stadia

August 31, 2025

Anambra Community Celebrates Rescue And Restoration After 15-Hour Security Operation

August 31, 2025

PDP South-West Chairman Defiant As Wike’s Threats Fail To Derail National Convention

August 31, 2025

Katsina State Allocates ₦20m Per Local Government For Graveyard Renovations

August 31, 2025

UK Government Bars Over 100 Job Roles From Foreign Recruitment in Immigration Crackdown

August 31, 2025
Featured

Subscribe to Updates

Get the latest news from Govima about politics, economy, health ad business.

Facebook X (Twitter) Instagram Pinterest
© 2025

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

Go to mobile version