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DisCos Leave N123.87bn Revenue Gap in June — NERC

byStephen Abebor
September 4, 2026
in Energy, Business, Economy
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NERC Reports $12.66 Million Shortfall as Regional Power Off-Takers Pay Just 27.6% of Q1 Invoices
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Nigeria’s 11 electricity distribution companies (DisCos) collected N191.86 billion from customers in June 2026, leaving a N123.87 billion gap between the value of electricity they received and the cash they recovered, according to the Nigerian Electricity Regulatory Commission (NERC).

NERC’s June 2026 commercial performance data showed that the DisCos received electricity valued at N315.73 billion during the month but collected only N191.86 billion from customers.

The companies billed customers N240.71 billion, representing a billing efficiency of 76.24%. However, only N191.86 billion was recovered, leaving N48.85 billion of billed revenue uncollected.

Collection efficiency fell to 79.71% in June, down 2.61% points from May, according to the NERC data.

Revenue recovery efficiency also weakened, falling by 3.07% points to 74.24%. The average allowed tariff was N130.15 per kilowatt-hour, while the average amount actually collected was N96.63/kWh, a difference of N33.52/kWh.

The performance gap was wide among the 11 DisCos.

Benin Electricity Distribution Company recorded the highest collection efficiency at 94%, followed by Ikeja Electric at 89% and Eko Electricity Distribution Company at 88.64%.

Eko recorded the strongest revenue recovery efficiency at 87.04%, followed by Port Harcourt DisCo at 86.33% and Benin at 82.23%.

The weakest recovery performances were recorded by Kaduna DisCo, at 37.03%, and Kano DisCo, at 44.04%. Their collection efficiencies stood at 46.13% and 42.16% respectively. Jos DisCo recorded collection efficiency of 55.18%.

The June figures point to continued pressure on the commercial side of Nigeria’s electricity market, as DisCos struggle to convert electricity supplied to customers into actual revenue.

NERC has continued to push for improved commercial performance, stronger market compliance and greater financial sustainability across the electricity supply industry. The commission maintains a regulatory framework aimed at improving the reliability and financial viability of the sector.

Tags: Benin DisCoDISCOsEko DiscoElectricity RevenueElectricity TariffJune 2026Kaduna DisCoKano DisCoNERCNigeria ElectricityNigeria Power Sector
Stephen Abebor

Stephen Abebor

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