NERC Report Reveals DisCos Billed ₦246.43bn In March, Recovered Just 81% Of Expected Revenue
Despite distributing nearly ₦294 billion worth of electricity in March 2026, Nigeria’s electricity distribution companies (DisCos) recovered only 81 per cent of the revenue they were expected to collect, highlighting persistent challenges in the power sector.
A factsheet released by the Nigerian Electricity Regulatory Commission (NERC) shows that the 11 electricity distribution companies received energy worth ₦293.76 billion during the month and billed customers ₦246.43 billion, resulting in a national billing efficiency of 83.89 per cent.
The report further revealed that while total billings stood at ₦246.43 billion, only ₦196.13 billion was successfully collected, translating to a collection efficiency of 79.59 per cent.
On revenue recovery, DisCos achieved an average recovery efficiency of 81.05 per cent, with actual collections averaging ₦100.75 per kilowatt-hour (kWh) against the allowed tariff of ₦124.30/kWh.
Among the top performers, Ikeja Electric recorded the highest revenue recovery efficiency at 99.30 per cent, followed by Eko DisCo with 95.73 per cent and Benin DisCo with 85.18 per cent.
At the lower end of the table, Kaduna DisCo posted the weakest recovery performance at 35.65 per cent, while Jos DisCo and Yola DisCo recorded 53.53 per cent and 58.58 per cent respectively.
In terms of billing efficiency, Eko DisCo led the pack with 92.30 per cent, while Yola DisCo recorded the lowest at 58.68 per cent.
The figures underscore the continuing gap between electricity supplied, billed and ultimately paid for, a challenge experts say must be addressed to improve the financial sustainability of Nigeria’s power sector.
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