DisCos leave N123.8bn power revenue gap in June

In June 2026, Nigerian Distribution Companies (DisCos) struggled to convert the electricity they received into revenue, resulting in a N123.87 billion gap between the value of energy supplied and revenue collected. The Nigerian Electricity Regulatory Commission reported that DisCos received energy valued at N315.73 billion, but only managed to collect N191.86 billion.

This indicates a 7.82% drop in total revenue collected compared to the previous month, outpacing the 4.02% decline in energy received. Collection efficiency dropped to 79.71%, a 2.61 percentage point decline from May. Billing performance showed only slight improvement, with a 76.24% billing efficiency, a 0.63 percentage point drop from the previous month.

After billing customers, the average recovery efficiency was 74.24%, a 3.07 percentage point decline. Performance varied among individual companies, with Benin Electricity Distribution Company leading at 94% collection rate and Kaduna and Kano lagging behind at 37.03% and 44.04%, respectively. The data highlights ongoing challenges in collecting payments from customers, placing pressure on the commercial viability of the power distribution sector.