Electricity Distribution Companies (DisCos) generated a total of N203.61 billion from electricity consumers in April 2026, according to the latest commercial performance data released by the Nigerian Electricity Regulatory Commission (NERC).
The figures, published by the commission in its April commercial performance factsheet, showed that the country’s 11 electricity distribution companies collected N203.61 billion out of a total customer billing of N252.43 billion during the month.
According to the report, the DisCos received electricity valued at N302.96 billion from the Nigerian electricity market but billed consumers N252.43 billion, eventually recovering N203.61 billion.
NERC said the revenue collection translated to a collection efficiency of 80.66 percent, representing an increase of 1.07 percentage points compared to the previous month.
The commission, however, noted a slight decline in billing efficiency.
“The billing efficiency stood at 83.32 percent, representing a decline of 0.57 percentage point from the previous month,” the report stated.
The regulator also disclosed that the electricity industry’s revenue recovery efficiency stood at 82.11 percent in April.
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It added that the average actual revenue collected was N102.13 per kilowatt-hour (kWh), compared to the approved average tariff of N124.39/kWh, indicating that operators were still unable to recover the full value of electricity supplied.
Among the distribution companies, Eko Electricity Distribution Company (EKEDC) emerged as the highest performer with a 102.09 percent revenue recovery efficiency, suggesting it recovered more revenue than the benchmark set by the regulator.
It was followed by Abuja Electricity Distribution Company (AEDC) with 89.77 percent, while Ikeja Electricity Distribution Company (IKEDC) recorded 88.89 percent, making the three firms the best-performing DisCos for the month under review.
The latest figures come amid continued complaints by consumers over estimated billing, inadequate power supply and the slow pace of prepaid meter deployment across the country, despite repeated assurances by electricity operators and regulators aimed at improving service delivery.
The data also highlights the persistent gap between the value of electricity supplied to distribution companies and the revenue ultimately recovered from consumers, underscoring the financial challenges confronting Nigeria’s power sector.
