Nigeria's electricity Distribution Companies (DisCos) collected ₦205.53 billion in revenue in July 2026. This is according to the Nigerian Electricity Regulatory Commission (NERC), which disclosed this information in its July 2026 Commercial Performance Factsheet. The revenue collected by DisCos represents a significant portion of the ₦250.79 billion billed to customers during the month.
The NERC report revealed that DisCos received energy valued at ₦333.94 billion during July but only billed customers ₦250.79 billion, representing a billing efficiency of 75.10 per cent. This resulted in a billing gap of approximately ₦83.15 billion. Despite this gap, the DisCos recorded a total revenue collection of ₦205.53 billion from customers, representing a collection efficiency of 81.95 per cent of the amount billed.
The overall revenue recovery efficiency for the industry stood at 74.91 per cent in July. This efficiency rate indicates the ability of DisCos to recover revenue from customers relative to the energy supplied to them. The NERC report also highlighted the performance of individual DisCos, with Eko DisCo recording the highest recovery efficiency at 94.67 per cent.
Other top-performing DisCos include Port Harcourt DisCo at 84.95 per cent and Benin DisCo at 79.15 per cent. These figures demonstrate varying levels of efficiency among the 11 DisCos in Nigeria. The NERC report provides an assessment of the financial and commercial performance of Nigeria's electricity distribution sector.
The Nigerian Electricity Regulatory Commission (NERC) is responsible for regulating Nigeria's electricity supply industry. This includes monitoring the performance of electricity distribution companies and enforcing applicable standards and regulations. The latest figures come amid ongoing efforts to improve the financial sustainability of the power sector.
NERC recently directed DisCos to allocate portions of earned operating expenditure towards approved network rehabilitation and expansion projects. This move aims to enhance the reliability and efficiency of electricity supply in Nigeria. The commission's efforts are crucial in ensuring that DisCos improve their billing and revenue collection efficiencies.
The billing gap and revenue collection efficiencies of DisCos are critical indicators of the sector's financial health. The NERC report provides valuable insights into the performance of Nigeria's electricity distribution sector. Key players in the sector will likely use these insights to develop strategies for improving their operations and financial sustainability.
Key points
- DisCos collected ₦205.53 billion in revenue in July 2026.
- The billing gap for July 2026 was approximately ₦83.15 billion.
- Eko DisCo recorded the highest revenue recovery efficiency at 94.67 per cent.
