In Q4 2024, DisCos achieved a 94.61% energy offtake, up 4.14% from Q3.
Five DisCos exceeded the 95% benchmark: Benin (99.57%), Enugu (96.82%), Port Harcourt (96.62%), Ibadan (96.60%), and Ikeja (96.15%). Yola DisCo had the lowest at 76.89%, with Kaduna (87.68%) and Abuja (91.89%) also underperforming.
Benin, Ikeja, Port Harcourt, and Ibadan DisCos showed improvement, while Enugu DisCo declined.
Overall, Q4 2024 energy offtake improved by +4.14pp from Q3. The report noted that a reduction in available PCC boosts offtake, while an increase often lowers it, highlighting the impact of generation fluctuations.NERC has activated enforcement actions against DisCos failing to meet the 95% energy offtake requirement for Q4 2024, as outlined in the Performance Monitoring Framework Orders (NERC/2024/086-096).
The move emphasizes NERC’s commitment to efficiency and accountability in the electricity distribution sector. Poor DisCo performance impacts energy flow, financial stability, and end-user satisfaction in Nigeria’s power market.
