Discos Receive 78.5% of Energy Billed, Collected N196.13bn Revenue from N246.43 Billion

Nigeria's electricity Distribution Companies (Discos) collected N196.13 billion in March 2026, representing just 79.59 percent of the N246.43 billion they billed customers. This shortfall of approximately N50.3 billion highlights ongoing challenges in revenue collection within the sector, according to data from the Nigerian Electricity Regulatory Commission (NERC).

The situation is compounded by a decline in billing efficiency. Although Discos received energy valued at N293.76 billion, a 6.02 percent increase from February, their total billed energy only rose by 1.71 percent. This discrepancy led to a drop in industry-wide billing efficiency to 83.89 percent, down 3.55 percentage points from the previous month.

Individual Discos exhibited varied performance. Ikeja Electric emerged as the top performer, achieving a collection efficiency of 96.38 percent and a revenue recovery rate of 99.30 percent. Eko Disco followed with a 95.73 percent recovery rate. Conversely, Kaduna Disco recorded the lowest revenue collection efficiency, indicating significant disparities in operational and commercial performance across the country's electricity distribution network.