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Business

Nigerian DisCos bill ₦250.79bn of electricity received in July

Source: Punch Nigeria · 25 Sep 2026, 17:26 UTC
Nigerian DisCos bill ₦250.79bn of electricity received in July
Image: Punch Nigeria · original report

Nigeria’s electricity distribution companies billed ₦250.79bn worth of power in July 2026 after receiving energy valued at ₦333.94bn, leaving an ₦83.15bn gap, according to the Nigerian Electricity Regulatory Commission. The regulator said collection efficiency reached 81.95 per cent, while overall revenue recovery stood at 74.91 per cent.

Nigeria’s electricity distribution companies billed ₦250.79bn worth of electricity in July 2026 from energy valued at ₦333.94bn, leaving a billing gap of approximately ₦83.15bn, the Nigerian Electricity Regulatory Commission has said. NERC disclosed the figures in its July 2026 Factsheet on the financial health and efficiency of distribution companies, released on September 24. The commission said the industry recorded billing efficiency of 75.10 per cent during the month.

The regulator reported that the DisCos collected ₦205.53bn in revenue in July. That represented collection efficiency of 81.95 per cent, based on the amount billed during the period. NERC said the industry’s overall revenue recovery performance was 74.91 per cent.

The measure reflects the relationship between the value of energy received and the revenue ultimately recovered by the distribution companies. Eko Electricity Distribution Company recorded the strongest recovery efficiency among the DisCos, at 94.67 per cent. Port Harcourt DisCo followed with 84.95 per cent, while Benin DisCo recorded 79.15 per cent.

The commission said the factsheet was intended to provide stakeholders with information on the financial performance of distribution companies and developments in the Nigerian Electricity Supply Industry. NERC urged members of the public and industry stakeholders to consult its website for further details on the figures and the sector’s performance.

About this report
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.
View the original source at Punch Nigeria →