Nigeria’s electricity distribution companies (DisCos) collected N207.49 billion in revenue during December 2025, driving a 2.73 percentage point climb in collection efficiency to 80.22 per cent, the Nigerian Electricity Regulatory Commission (NERC) revealed in its latest factsheet.
The report posted on NERC X handle showed DisCos that received N309.65 billion worth of energy, billing N258.66 billion to customers for a billing efficiency of 83.53 per cent—up 4.82 points from November.
Revenue recovery also strengthened, with DisCos recouping N98.97 per kilowatt-hour (kWh) against an allowed average tariff of N124.30/kWh, yielding 79.62 per cent efficiency and a 7.14-point monthly gain.
These metrics signal improving liquidity in the Nigerian Electricity Supply Industry (NESI), boosting prospects for infrastructure upgrades and reliable service.
Eko Electricity Distribution Company topped revenue recovery at 99.45 per cent, nearly fully recouping allowed revenues in Lagos and surrounding areas.Yola DisCo scored 87.89 per cent, with Ikeja (85.32 per cent) and Abuja (84.43 per cent) close behind, leveraging urban payment trends. Moderate results included Benin (71.36 per cent), Ibadan (73.19 per cent), Enugu (73.50 per cent), and Port Harcourt (79.29 per cent).
NERC stressed that sustained gains in billing, collection, and recovery are key to tackling ATC&C losses.
With Nigeria’s Electricity Act 2023 reforms underway, experts call for accelerated smart metering to build on this momentum.
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