Three West African countries, Benin, Togo, and Niger, owe Nigeria about $9.55 million for electricity supplied in the last quarter of 2025, according to the Nigerian Electricity Regulatory Commission (NERC). 

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.

Electricity distribution companies (DisCos) in Nigeria billed customers N255.19bn for power supplied in October 2025, but collected only N210.92bn.

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).