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Discos’ Revenue Soars 40% Y-o-Y in April as Monthly Billing Hits ₦257.5b

As the federal government continues to signal additional tariff increase for Nigeria’s electricity users, Distribution Companies (Discos) again posted a sharp 40 per cent year-on-year revenue increase in April 2025, amid a total billing of N257.57 billion for the month.

The commercial performance data just released by the Nigerian Electricity Regulatory Commission (NERC) indicated that for the month under consideration, the electricity utility companies raked in N199.85 billion, a record in recent times.

The development coming exactly a year after the so-called Band ‘A’ tariff regime was introduced, signalled the growing impact of the hikes and improvements in collection mechanisms, even as the actual volume of electricity delivered for that month dipped.

However, according to the NERC data, despite the record sum collected, it translated to a collection efficiency of 77.6 per cent, an improvement on March’s 71.1 per cent collection rate, still falling short of the funding needed to ensure full liquidity and sustainability in the Nigerian Electricity Supply Industry (NESI).

Crucially, the impressive rise in billing occurred, despite the total energy received by the Discos dropping to 2,622.46 gigawatt-hours (GWh), a 9.2 per cent decrease from the previous month.

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