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NERC says the country’s 11 electricity Distribution Companies (DisCos) generated a total of ₦196.13 billion in March 2026.
Nigeria's 11 DisCos collected ₦196.13 billion in March 2026, out of ₦246.43 billion billed.
KEY POINTS
DisCos achieved a collection efficiency of 79.59% and a recovery efficiency of 81.05% in March 2026.
Ikeja DisCo led with 99.30% recovery efficiency, followed by Eko at 95.73% and Benin at 85.18%.
The industry’s recovery efficiency in March 2026 increased by 0.38% compared to the previous month.
The Nigerian Electricity Regulatory Commission (NERC) says the country’s 11 electricity Distribution Companies (DisCos) generated a total of ₦196.13 billion in March 2026.
The figure was contained in NERC’s March 2026 Commercial Performance Factsheet, released on Tuesday.
According to the commission, “the total revenue collected for the month of March was ₦196.13bn,” out of the ₦246.43 billion billed to customers during the period.
The report also showed that the DisCos received energy worth ₦293.76 billion in March, with collections translating to 79.59 per cent collection efficiency.
NERC further stated that “the industry reached an overall Recovery Efficiency of 81.05%, up by 0.38% compared to the previous month.”
It explained that “out of the N124.30k allowed average tariff/kWh, the actual average collection/kWh was 100.75k,” resulting in an average recovery efficiency of 81.05 per cent across all DisCos.
Among the 11 firms, Ikeja, Eko and Benin DisCos posted the strongest performance in March. NERC said Ikeja recorded 99.30 per cent recovery efficiency, Eko 95.73 per cent, while Benin posted 85.18 per cent.
The commission noted that the figures provide “a clear picture of how effectively DisCos are billing, collecting, and recovering revenue” — key measures for improving liquidity and service delivery across the Nigerian Electricity Supply Industry (NESI).