DisCos collect ₦205bn revenue as billing gap hits ₦83bn
Nigerian electricity Distribution Companies (DisCos) collected ₦205.53bn in revenue in July, with a billing gap of ₦83.15bn, says NERC. Read More: https://punchng.com/discos-collect-%e2%82%a6205bn-revenue-as-billing-gap-hits-%e2%82%a683bn/
In July 2026, Nigeria's electricity Distribution Companies (DisCos) generated ₦250.79bn in revenue from ₦333.94bn worth of energy received, resulting in a billing gap of ₦83.15bn, according to the Nigerian Electricity Regulatory Commission (NERC). During the month, the industry achieved a billing efficiency of 75.10%, billing ₦250.79bn out of the ₦333.94bn received.
DisCos collected ₦205.53bn in revenue, corresponding to an 81.95% collection efficiency. The overall revenue recovery performance of the industry stood at 74.91% in July. Among the DisCos, Eko Electricity Distribution Company led with a recovery efficiency of 94.67%, followed by Port Harcourt DisCo with 84.95% and Benin DisCo with 79.15%.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
