Business
DisCos collected N210 billion in October last year
Published
1 month agoon
By
MAIN
The Nigerian Electricity Regulatory Commission (NERC) yesterday stated that the 12 Distribution Companies (DisCos) collected N210 billion revenue in October 2025.
This was contained in its document titled: “Commercial Performance of Distribution Companies (DisCos).”
In the period under review, NERC’s Fact sheet for October listed 12 DisCos, which include: Aba, Abuja, Benin, Enugu, Eko, Ibadan, Ikeja, Kaduna, Kano, Port Harcourt, and Yola.
The DisCos, said NERC, could not collect N45.19billion revenue out of the N255.19bills they issued.
The total energy that was sent to the DisCos cost N303.85 billion, according to the factsheet, which also noted that allowed average tariff per kwh was N116.25 while only N95.89 kwh was actually collected.
This is an indication of N20.36kwh subsidy.
Of the 303.85billion energy sent to the DisCos, N48.66billion was not billed, being the subsidy.
In the month under review, the Federal Government absorbed electricity of N48.66bilion.
NERC also disclosed that in October 2025, the Discos recorded 83.99 per cent billing efficiency, 82.66 per cent collection efficiency and 82.49 per cent recovery efficiency.
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