DisCos generated N220.93bn in August — NERC

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that electricity distribution companies (DisCos) generated N220.93 billion in August 2026.

The NERC said the collection in August stood at 7.49 per cent increase over the N205.53 billion generated in July.

The commission made this known in its factsheet report for August, released on Thursday, October 29, 2026.
 
The factsheet broke down the financial health and efficiency of the DisCos across Nigeria.
 
It said from the N261.10bn billed, DisCos collected N220.93bn, which put collection efficiency at 84.62 per cent.

The NERC stated that the N220.93 collected in August was 2.66 percentage points higher than the N205.53 billion generated in July.

The NERC said the allowed average tariff was N130.15 per kilowatt hour (kWh), while the actual average collection was N101.03 per kWh, an increase of 3.62 per cent.

It added that the industry’s overall recovery efficiency reached 77.63 per cent, up by 2.71 percentage points in July.

FG clears N1.2trn debt, targets 19,000MW electricity supply

The commission revealed that Eko DisCo recorded the highest recovery efficiency at 96.29 per cent, followed by Ikeja DisCo at 84.22 per cent, while Abuja DisCo stood at 83.63 per cent.

It said Port Harcourt Disco also did well with 82.91 per cent.

The NERC noted that Ikeja DisCo posted the best collection efficiency at 97.52 per cent, ahead of Eko at 96.36 per cent and Abuja  DisCo at 91.91 per cent.

“In terms of billing, Eko led with 84.49 per cent, followed by Kano at 82.24 per cent and Port Harcourt at 80.22 per cent,” it said.

The commission stated that Kaduna DisCo had the weakest recovery efficiency at 41.90 per cent, 2.19 percentage points better than in July.

The NERC said Jos followed with 52.80 per cent and Kano with 60.98 per cent.