Electricity distribution companies (DisCos) in Nigeria recorded collection efficiency of 81.17 per cent in February.
This is just as energy supply also declined during the period, with DisCos receiving 277.09 billion kilowatt-hours (kWh) in February, down from 336.43 billion kWh in January.
According to data in the latest Commercial Performance of DisCos fact sheet for the review month, from the Nigerian Electricity Regulatory Commission (NERC), DisCos also generated a total of N196 billion in revenue in February 2026, down from N204.74 billion in January, with total billing at N242.29 billion, compared to N268.20 billion in January, reflecting a 9.66 per cent decline in customer billing month-on-month
The data shows that even though revenue declined, DisCos were still able to recover a significant portion of billed amounts.
The report also showed a slight decline in revenue performance compared to the previous month, alongside mixed operational and collection outcomes across the power sector.
The data further indicates that DisCos recorded lower revenue and billing levels in February compared to January, although collection efficiency remained relatively strong.
During the period, average allowed tariff stood at N124.30/kWh, actual average collection rate was N100.27/kWh, overall revenue recovery efficiency stood at 80.67 per cent.
Meanwhile, at the company level, performance remained uneven across the DisCos, with Eko DisCo recording the highest recovery efficiency at 100.67 per cent while Kaduna DisCo recorded the weakest performance at 41.20 per cent.
