DisCos rakes in N203.61bn revenue in April

The latest commercial performance document released by the Nigerian Electricity Regulatory Commission (NERC) has revealed that 11 distribution companies (DisCos) collected N203.61 billion out of total billings of N252.43 billion in April 2026, which translated to a collection efficiency of 80.66 per cent, up by 1.07 per cent from March.

The report showed that the DisCos received electricity worth N302.96 billion and billed customers N252.43 billion, which represented a billing efficiency of 83.32 percent, a 0.57 percentage point reduction from the previous month.

According to NERC, the industry’s revenue recovery efficiency stood at 82.11 per cent with the average actual collection of N102.13 per kilowatt-hour (kWh) compared to the allowed average tariff of N124.39/kWh.

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Eko DisCo recorded the highest revenue recovery efficiency at 102.09 percent, showing that it exceeded the allowed average tariff in actual collections. It was closely followed by Port Harcourt DisCo with 90.39 percent and Abuja and Ikeja DisCos with 89.77 percent and 88.89 percent in that order.

In the area of revenue collection efficiency, Benin DisCo ranked highest with 95.52 percent, Eko DisCo at 94.26 per cent, and Port Harcourt DisCo at 91.41 percent. While Kaduna DisCo posted 55.38 percent, Kano DisCo recorded the lowest performance with 49.89 per cent.

However, in billing efficiency, Enugu DisCo led the sector with 92.77 per cent, followed by Eko DisCo at 91.56 percent, as Kaduna DisCo recorded the lowest billing efficiency at 62.81 per cent.