Nigeria’s power distribution companies grew their revenue collections by about 43 per cent in the first eight months of 2025, raking in a total of N1.5tn, compared with N1.05tn recorded in the same period of 2024, data from the Nigerian Electricity Regulatory Commission revealed on Sunday.
The NERC, in its latest Commercial Performance Report, said the 12 electricity distribution firms jointly collected N553.63bn in the first quarter of 2025, N564.71bn in the second quarter, and N193.96bn in July.
The NERC’s August 2025 fact sheet showed an additional N191.11bn was remitted by the companies during the month, bringing total collections between January and August 2025 to about N1.503tn.
In comparison, the same group of utilities recorded N291.62bn in the first quarter of 2024, N431.16bn in the second quarter, and N162bn in July. NERC’s records also indicated that the firms collected N168.7bn in August 2024, summing up to N1.053tn within the same eight-month period.
The year-on-year growth represents an increase of about N450bn, a clear indication of improved billing and collection efficiency across most electricity distribution networks.
