The Nigerian Electricity Regulatory Commission (NERC) has disclosed that electricity distribution companies (DisCos) across the country generated a total revenue of ₦204.74 billion in January 2026, reflecting a collection efficiency of 76.34%.
This was contained in NERC’s January 2026 Commercial Performance Factsheet (CPF) released on Wednesday in Abuja, which provides an overview of the financial and operational performance of the country’s electricity distribution firms.
According to the report, DisCos received energy valued at ₦336.43 billion during the period, while energy billed stood at ₦265.20 billion. However, only ₦204.74 billion was successfully collected, leaving a revenue shortfall of ₦131.69 billion.
The commission further noted that while the approved average tariff stood at ₦124.30k per kilowatt-hour (kWh), the actual average collection was ₦85.97k/kWh, resulting in a recovery efficiency rate of 69.16% across all DisCos.
NERC also stated that new Aggregate Technical, Commercial and Collection (ATC&C) loss targets were introduced for 2026, averaging 16.92%, aimed at reflecting improvements expected from investments made by DisCos in 2025.
On company performance, Ikeja Electricity Distribution Company led the sector with a revenue recovery rate of 87.87%, closely followed by Eko DisCo with 87.77%. Port Harcourt DisCo recorded 79.39%, Benin DisCo 79.32%, while Abuja DisCo posted 78.09%.
Others include Ibadan DisCo at 75.81%, Enugu DisCo at 68.80%, and Yola DisCo, which recorded the lowest performance at 67.40% for the period under review.
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