DisCos Collect ₦196.13bn in March as Power Sector Efficiency Improves – NERC

Oru Leonard 

Nigeria’s electricity distribution companies (DisCos) recorded improved operational and financial performance in March 2026, with total revenue collection reaching ₦196.13 billion, according to the latest Commercial Performance Factsheet released by the Nigerian Electricity Regulatory Commission.

The report provides a snapshot of the financial health and operational efficiency of electricity distribution companies across the country, highlighting gains in billing, collection, and revenue recovery within the Nigerian Electricity Supply Industry (NESI).

According to the factsheet, the industry achieved a billing efficiency of 83.89 per cent during the month, translating to ₦246.43 billion billed out of the ₦293.76 billion worth of energy received by the DisCos.

Collection efficiency stood at 79.59 per cent, enabling the companies to recover ₦196.13 billion in revenue from customers during the period under review.

The report also showed that overall revenue recovery performance improved, with the industry recording a recovery efficiency of 81.05 per cent in March 2026. This represents a 0.38 percentage point increase compared to the previous month, indicating gradual improvement in the sector’s ability to convert billed energy into actual revenue.

Among the electricity distribution companies, Ikeja Electric emerged as the best-performing utility with a recovery efficiency of 99.30 per cent. It was followed by Eko Electricity Distribution Company at 95.73 per cent, while Benin Electricity Distribution Company posted 85.18 per cent to rank among the top performers.

The NERC factsheet serves as a key performance indicator for stakeholders in the power sector, providing insight into the efficiency and financial sustainability of electricity distribution operations across the country.

Further details on the March 2026 commercial performance statistics are available on the NERC official website. http://nerc.gov.ng