Revenue Loss Is Unsustainable” – More DisCos Face Possible Regulatory Takeover

Energy distribution companies (DisCos) in Nigeria may be heading towards regulatory takeover, as mounting revenue losses threaten their financial stability.

According to a recent report, several DisCos are at risk of bankruptcy due to factors such as high debt burdens, inefficiencies, and non-cost-reflective tariffs. Industry experts warn that unless urgent reforms are implemented, more companies could collapse under the weight of financial pressure.