Nigerian electricity consumers paid a total of N208.15 billion for power supplied in May 2026, according to the Nigerian Electricity Regulatory Commission (NERC). The payment came as distribution companies (DisCos) improved their revenue collection efficiency to 82.32 per cent, despite a drop in billing efficiency.
DisCos Received N328.95bn Worth of Electricity
The NERC Commercial Performance Factsheet for May 2026 revealed that the 11 DisCos received electricity worth N328.95 billion during the month. This represented an 8.58 per cent increase from the N302.99 billion recorded in April.
Despite the increase in supply, billing efficiency fell to 76.87 per cent, a decline of 6.45 percentage points from the previous month. Electricity worth N252.87 billion was billed to customers in May.
Revenue Collection Efficiency Improves
Despite the weaker billing performance, the sector recorded an improvement in revenue collection efficiency, which rose from 80.66 per cent in April to 82.32 per cent in May. This helped DisCos generate N208.15 billion from customers, a 2.23 per cent increase compared with the previous month.
NERC also reported that the industry's revenue recovery efficiency stood at 77.31 per cent in May, reflecting the share of allowable revenue recovered by the distribution companies.
Tariff and Collection Rates
The average allowed tariff stood at N124.39 per kilowatt-hour (kWh), while the actual average collection was N96.16/kWh. This represented a 5.85 per cent decline in average revenue collected per unit of electricity.
Ikeja Electric Leads Revenue Recovery
Ikeja Electric recorded the strongest revenue recovery performance among the DisCos, with an efficiency rate of 94.63 per cent. Eko DisCo followed with 91.54 per cent, while Abuja DisCo recorded 84.84 per cent.
Port Harcourt DisCo posted a recovery efficiency of 81.46 per cent, while Benin, Enugu, Ibadan and Yola recorded rates between 66.35 per cent and 76.19 per cent.
Worst Performing DisCos
At the bottom of the ranking were Kaduna DisCo with 39.75 per cent, Jos DisCo with 45.38 per cent and Kano DisCo with 49.80 per cent.
The performance highlights continued disparities in revenue recovery across Nigeria's electricity distribution network, with some DisCos still facing significant challenges in converting billed electricity into actual revenue.
