The nation's universities are suffering from exorbitant fees imposed by distribution firms, or DISCOs, which might result in the top 10 budgets paying more than N75 billion for energy this year. The University of Nigeria, Nsukka, N36.6 billion; University of Calabar, N29. 5 billion; Ahmadu Bello University, N29. 2 billion; Nnamdi Azikiwe University, Awka, N26.3 billion; University of Benin, N24.2 billion; University of Ibadan, N23.4 billion; University of Maiduguri, N22.3 billion; University of Port Harcourt, N19. 6 billion; University of Lagos, N19. 4 billion; and Obafemi Awolowo University, N17.1 billion, are the ten public universities with the highest budgets for 2024. The universities are under extreme strain due to their recent classification as "Band A" institutions without the corresponding supply of electricity, therefore they are finding it difficult to deal with the high cost of electricity.
