• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 9, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Electricity Distribution Firms Collect N210.9bn In October Amid Lower Billing Efficiency

Nse Anthony-Uko by Nse Anthony-Uko
8 months ago
in Business
electricity power
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria’s electricity distribution companies (DisCos) collected N210.92 billion in revenue in October 2025, up from the previous month, even as billing efficiency declined, according to the Nigerian Electricity Regulatory Commission (NERC).

The latest NERC Commercial Performance Factsheet shows DisCos received electricity worth N303.85 billion from the national grid in October. Of this, they billed customers N255.19 billion, achieving an industry-wide billing efficiency of 83.9% – a dip from September’s 86.43 per cent.

Energy billed and billing efficiency: N303.85 billion (total energy received) and N255.19 billion (total energy billed); billing efficiency: 83.9 per cent,” NERC stated in the factsheet.

Out of the billed amount, DisCos collected N210.92 billion, reflecting improved collection efficiency of about 82.6 per cent compared to 81.25 per cent in September, when they gathered N196.26 billion from N241.54 billion billed.“

Revenue collection and collection efficiency: total billing N255.19 billion, total revenue collected N210.92 billion,” the regulator summarised, noting a revenue gap of N44.27 billion – marginally narrower than September’s approximately N45 billion shortfall.

Billing efficiencies varied widely among the 11 DisCos. NERC reported that Kano DisCo led with 98.05 per cent, followed by Eko at 95.71 per cent and Ikeja at 94.36 per cent.“Jos DisCo achieved 84.89 per cent, Kaduna 84.62 per cent, Abuja 84.05 per cent, Enugu 80.23 per cent, Port Harcourt 80.32 per cent, Ibadan 73.51 per cent, Yola 66.03 per cent, while Benin recorded the lowest at 65.32 per cent,” the factsheet detailed.

These disparities, NERC noted, underscore ongoing operational challenges despite the higher volumes handled in October compared to September’s N279.45 billion received.

RELATED NEWS

Nigerian Stocks Sustain Decline, Loss N1.67trn

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

Keyamo Woos Global OEMs For Nigeria’s Aviation Infrastructure Upgrade

The mixed performance continues to strain liquidity in Nigeria’s power value chain. NERC has warned that persistent gaps in billing and collection hinder remittances to generation companies (GenCos) and the Nigerian Bulk Electricity Trading Company (NBET).

The regulator links improvements to better metering – now at 56.07 per cent nationally as of October 2025 – and initiatives like the National Mass Metering Programme, alongside stricter enforcement.

 

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

OTHER NEWS UPDATES

Nigerian Exchange Engages FTSE Russell, Investors Over Nigeria’s T+1 Settlement, Market Reclassification
Business

Nigerian Stocks Sustain Decline, Loss N1.67trn

12 minutes ago
TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre
Business

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

55 minutes ago
Keyamo Woos Global OEMs For Nigeria’s Aviation Infrastructure Upgrade
Business

Keyamo Woos Global OEMs For Nigeria’s Aviation Infrastructure Upgrade

3 hours ago
Next Post
Impeachment: Rivers Group Backs Fubara, Urge Tinubu’s Intervention

Impeachment: Rivers Group Backs Fubara, Urge Tinubu’s Intervention

Advertisement

LATEST UPDATE

Gabriel Jesus Marks Barcelona Champions League Debut With Goal In Feyenoord Rout

12 minutes ago

Nigerian Stocks Sustain Decline, Loss N1.67trn

12 minutes ago

FIFA U-20 Women’s World Cup: Nigerian Ambassador Lifts Falconets, Urges Focus On China Match

47 minutes ago

Chad Opens First FIFA Arena As Country Plans 23 Mini-Pitches

52 minutes ago

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

55 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.