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Distribution Companies’ Revenue Surges to ₦553.6b in Q1 2025

Revenues collected by Nigeria’s electricity Distribution Companies (Discos) rose to N553.63 billion in the first quarter of 2025, new data from the Nigerian Electricity Regulatory Commission (NERC) has shown.

In the Q1 report, the power sector regulator stated that this was out of a total billing of N744.27 billion issued to customers within the period under review, representing a collection efficiency of 74.39 per cent.

According to the NERC report, while Eko Disco led the pack with at 84.79 per cent collection efficiency, Jos Disco recorded the lowest collection efficiency, with 47.19 per cent.

In the same vein, the report showed that only Kano, whose collection efficiency improved by 6.55 per cent, Abuja, with 4.81 per cent and Enugu with 0.72 per cent recorded improvements in collection efficiency between the last quarter of 2024 and the first quarter of 2025.

It added that the remaining eight Discos recorded declines in collection efficiency with Port Harcourt Disco’s collection efficiency reducing by 15.11 per cent, Kaduna 7.12 per cent and Eko reducing by 5.21 per cent.

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