Nigeria’s power sector showed strong commercial improvement, with electricity distributors achieving an 86 per cent billing efficiency rate,
This is according to the latest data from the Nigerian Electricity Regulatory Commission.
The report details how DisCos managed energy billing and cash collection—key indicators that shape liquidity and service delivery across Nigeria’s power sector.
Billing efficiency for DisCos rose to 86.43% in September, a 2.58% increase from the previous month.
This was achieved by billing N241.54 billion of the N279.45 billion in energy received.
NERC attributed this growth to improved metering,energy accounting, and billing verification by leading DisCos.
This efficiency also translated into stronger cash collection, with DisCos recovering N196.26 billion of the N241.54 billion billed—a 2.69 per cent monthly increase.
The rise pushed collection efficiency to 81.25 per cent (up 1.18 per cent), a positive trend for reducing the sector’s longstanding liquidity constraints.
Despite ongoing issues such as energy theft and infrastructure deficits, DisCos significantly improved their financial performance.
Revenue recovery efficiency jumped 3.67 per cent to 83.45 per cent,meaning they collected N97.09 for every N116.34 kWh billed.
The factsheet ranked Eko, Ikeja, and Abuja DisCos as the top nationwide performers in metering coverage.
These companies also led in billing and collection efficiency, a result of their strong administrative processes and customer service systems, highlighting a significant performance gap across the 11 distribution companies.
Aba DisCo delivered a standout performance with 102.85 per cent billing efficiency, driven by improved energy optimization and legacy debt reconciliation. Meanwhile, Benin, Port Harcourt, and Kano DisCos showed moderate results but continued to trail the industry’s top performers.
Jos, Kaduna, and Yola DisCos underperformed, falling below the sector average due to persistent operational issues, limited metering, and high collection losses
These commercial metrics are crucial for stabilizing Nigeria’s power sector. Improved billing, collection, and cash recovery directly boost liquidity for DisCos and the entire value chain, from generation to transmission.
