Nigeria’s electricity distribution companies (DisCos) collected ₦204.74bn in January 2026, representing a 76.34% collection efficiency, but still recorded losses of over ₦131bn due to billing and collection gaps.
Nigeria’s 11 electricity distribution companies (DisCos) generated a combined ₦207.49bn in December 2025, slightly down from ₦208.78bn in November, according to the latest NERC factsheet.
The Nigerian Electricity Regulatory Commission (NERC) has directed all electricity distribution companies (DisCos) to reimburse customers ₦20.33bn in outstanding meter refunds under the Meter Asset Provider (MAP) framework.
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, a situation that exposes them to unpredictable estimated billing methods by distribution companies (DisCos).
The Nigerian Electricity Regulatory Commission (NERC) says the total revenue “collected” by power distribution companies (DisCos) hit N1.58 trillion in the first eight months of 2025.
The Federal government has stated that a targeted electricity subsidy is being developed to protect vulnerable households while ensuring the long-term commercial viability of the industry.