Nigeria's DisCos recorded ₦360bn revenue gap after collecting ₦1.12tn from ₦1.49tn billed in H1 2025

Key Takeaways

  • DisCos billed approximately ₦1.49 trillion but collected only ₦1.12 trillion in H1 2025.
  • Ikeja and Eko DisCos generated the highest revenues, collecting ₦206.22 billion and ₦210.59 billion, respectively.
  • Revenue collection gaps remain significant, with Jos, Kaduna, and Yola posting the weakest collection performances.
  • The wide gap between billings and actual collections suggests persistent challenges in customer payment compliance, metering, and distribution efficiency.

Data from the Nigerian Electricity Regulatory Commission (NERC) shows that in H1 2025, Nigeria’s DisCos billed customers approximately ₦1.49 trillion but recovered ₦1.12 trillion, leaving a sizable ₦360 billion gap.

This indicates ongoing revenue leakages driven by low collection efficiency, weak metering coverage, and customer underpayment. While some DisCos maintain relatively strong performance, revenue recovery remains uneven across the sector.

Ikeja and Eko remain the strongest performers, each collecting over ₦200 billion in the first half of the year. Abuja and Ibadan follow, though with significantly lower collection totals. At the lower end, Jos, Kaduna, and Yola collected far below their billed amounts, reflecting deeper structural issues.

Source:

Nigeria Electricity Regulatory Commission (NERC)

Period:

H1 2025
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