Electricity consumers across Nigeria paid approximately N1.2 trillion for power supplied to them between January and June 2026, according to data from the Nigerian Electricity Regulatory Commission (NERC).
The revenue was collected by the country’s 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports covering the first six months of the year.
The figures show that the DisCos recorded their strongest monthly revenue collection in May, when they received N208.15 billion, while June posted the lowest collection during the period at N191.68 billion.
Monthly collections stood at N204.75 billion in January, N196.68 billion in February, N196.13 billion in March, N203.61 billion in April, N208.15 billion in May and N191.68 billion in June.
The June collection represented a 7.9 per cent decline from the previous month, amounting to a reduction of about N16.47 billion.
Billing gap widens in June
NERC’s June 2026 factsheet showed that the DisCos received 315.73 billion kilowatt-hours (kWh) of electricity during the month.
Of that volume, 240.71 billion kWh was billed to consumers, translating to a billing efficiency of 76.24 per cent.
The commission said billing efficiency declined by 0.63 percentage points compared with the previous month.
Despite the volume of electricity billed, the amount actually collected by the DisCos fell considerably short of total billings.
Total electricity billings stood at N240.71 billion in June, while actual revenue collection was reported at N191.86 billion, resulting in a collection efficiency of 79.71 per cent.
NERC said collection efficiency dropped by 2.61 percentage points from May.
The figures indicate a revenue gap of N48.85 billion between the amount billed to electricity consumers and the revenue actually recovered by the DisCos during the month.
Tariff recovery remains below allowed level
The June data also highlighted continued challenges in recovering the revenue allowed under the prevailing tariff structure.
According to NERC, the allowed average tariff during the month was N130.15 per kWh, while the actual average collection stood at N96.63 per kWh.
The difference resulted in a recovery efficiency of 74.24 per cent, representing a decline of 3.07 percentage points from May.
The figures suggest that, on average, the DisCos recovered considerably less revenue per unit of electricity than the amount allowed under the tariff framework.
Eko leads recovery efficiency
Performance varied significantly among the 11 DisCos.
Eko Electricity Distribution Company recorded the highest revenue recovery efficiency in June at 87.04 per cent.
It was followed by Port Harcourt Disco at 86.33 per cent, Benin at 82.23 per cent and Ikeja at 80.08 per cent.
At the bottom of the recovery-efficiency ranking was Kaduna Disco, which recorded 37.03 per cent.
Kano Disco followed with 44.04 per cent, while Jos posted 51.33 per cent.
The wide disparity highlights the differences in revenue recovery performance across Nigeria’s electricity distribution network.
Benin tops collection efficiency
In terms of collection efficiency, Benin Disco emerged as the best performer, recording 94 per cent during the month.
Ikeja Disco followed with 89 per cent, while Eko recorded 88.64 per cent.
The weakest performances were recorded by Kano and Kaduna, with collection efficiencies of 42.16 per cent and 46.13 per cent respectively.
The June figures underscore the continuing challenges facing Nigeria’s electricity market, particularly in converting electricity supplied and billed to consumers into actual revenue collected by distribution companies.
With billing and collection efficiencies declining during the month, the latest NERC data further highlight the financial pressures confronting the distribution segment and the importance of improving revenue recovery across the sector.