Discos’ Revenue Recovery Slips In May Amid N208.15bn Collection

Nigeria’s electricity distribution companies (DisCos) saw their revenue recovery slip to 77.31 per cent in May 2026, the Nigerian Electricity Regulatory Commission (NERC) reported, even as the sector collected N208.15 billion from billed consumers.
The decline came against an allowed average tariff of N124.39/kWh, with DisCos actually collecting an average of N96.16/kWh and billing efficiency falling to 76.87 per cent.
According to the latest Commercial Performance factsheet released by the Nigerian Electricity Regulatory Commission (NERC), on Tuesday, DisCos were only able to collect an actual average of N96.16/kWh, against an allowed average tariff of N124.39 per kilowatt-hour, repr...