The Nigerian Electricity Regulatory Commission (NERC) has released its April 2026 Factsheet Report on the financial performance of the nation’s electricity Distribution Companies (DisCos), showing modest improvements in billing, collection and overall revenue recovery across the sector.
According to the report, the DisCos recorded a billing efficiency of 83.32% during the month, with a total of N252.43 billion billed out of N302.96 billion worth of energy received from the national grid.
The report also revealed that collection efficiency rose to 80.66%, translating to total revenue collection of N203.61 billion for the month.
Taken together, these figures pushed the industry’s overall Recovery Efficiency to 82.11%, representing a 1.06% improvement compared to the previous month.
The uptick suggests a gradual narrowing of the gap between the value of electricity supplied to consumers and the amount DisCos are able to bill and ultimately collect, a persistent challenge that has long affected liquidity across Nigeria’s power sector.
The explained that out of the N124.39k allowed average tariff/kWh, the actual average collection/kWh was 102.13k, leading to an average recovery efficiency of 82.11% across all DisCos.
It disclosed that Eko (102.09%), Abuja (89.77%), and Ikeja (88.89%) DisCos stood out with the highest recovery efficiency levels for April.
These figures, according to the report, gave a clear picture of how effectively DisCos are billing, collecting, and recovering revenue -key indicators for strengthening liquidity and improving service delivery across the Nigerian Electricity Supply Industry (NESI).
