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Power & Energy

DisCos revenue dropped to N208bn in November 2025, says NERC

Desire Emmanuel
Last updated: January 28, 2026 5:31 pm
Desire Emmanuel
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By Nchetachi Chukwuajah

Revenue generated by electricity distribution companies (DisCos) dropped to N208.78 billion in November 2025.

This was disclosed by the Nigerian Electricity Regulatory Commission (NERC) in its DisCos Commercial Performance Fact Sheet for November 2025.

According to the report, the November revenue represents a 1.01 per cent decline from the N210.92 billion recorded in October 2025.

NERC stated that the revenue was earned after DisCos issued customer bills totalling N269.43 billion during the period.

It said the November billing increased by 5.58 per cent from N255.19 billion billed in October.

However, collection efficiency slightly declined to 77.49 per cent in November, down from 82.66 per cent recorded in October 2025.

The report also indicated that the total value of energy received by DisCos increased to N342.29 billion in November, representing a 12.65 per cent increase from the N303.85 billion recorded in October.

The commission added that the average recoverable tariff across DisCos was N124.30 per kilowatt-hour (KwH), while the actual average collection stood at about N90.09/KwH.

An analysis of the revenue collection efficiency by DisCos showed that Eko DisCo was the top performer in the month, with a revenue collection efficiency of 91.67 per cent. It was followed by Ikeja DisCo at 89.72 per cent and Abuja DisCo at 74.78 per cent.

On the other hand, Kaduna DisCo recorded the lowest result at 33.24 per cent, with Jos and Ibadan DisCos also lagging with recovery efficiencies of 51.84 per cent and 59.75 per cent, respectively.

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