The total revenue generated by Nigeria’s 11 electricity distribution companies (DisCos) dropped to N207.49 billion in combined revenue in December from N208.78 billion generated in November 2025. The Nigerian Electricity Regulatory Commission (NERC) factsheet has shown.
The December 2025 document recently released by the regulator highlighted how Nigeria’s DisCos performed in billing, collection, and revenue recovery during the period.
At N207.49 billion revenue, the DisCos achieved 80.22 percent collection efficiency, as the total energy billed to customers in the period was N258.66 billion.
According to the factsheet, DisCos received N309.65 billion in energy, with N258.66 billion billed to customers, representing an 83.53 per cent billing efficiency, a 4.82 percentage point increase from November.
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The report shows that DisCos saw a significant boost in revenue recovery, with the actual average collection rising to N98.97 per kWh, reflecting a 9.85 per cent increase. While the recovery efficiency stood at 79.62 per cent, up 7.14 percentage points from the previous month.
Despite this progress, there’s still a gap between the allowed average tariff of N124.30/kWh and what’s actually collected.
According to NERC, Eko DisCo recorded the strongest revenue recovery performance at 99.45 percent, reflecting a near full recovery of allowed revenues.
“Yola (87.89 percent), Ikeja (85.32 percent), and Abuja (84.43 percent) also delivered strong recovery performance. Benin (71.36 percent), Ibadan (73.19 percent), Enugu (73.50 percent), and Port Harcourt (79.29 percent) recorded moderate recovery levels.”
“These figures give a clear picture of how effectively DisCos are billing, collecting, and recovering revenue, key indicators for strengthening liquidity and improving service delivery across the Nigerian Electricity Supply Industry (NESI),” it said.
