The 11 electricity Distribution Companies (Discos) in Nigeria generated a total revenue of N603.64 billion in the second quarter of 2026, according to the Nigerian Electricity Regulatory Commission (NERC). The figure represents an increase from the N597.56 billion recorded in the first quarter. NERC noted that the total revenue collected out of the N744.67 billion billed to customers in Q2 translated to an aggregate collection efficiency of 81.06 per cent, up 2.11 percentage points from the 78.95 per cent achieved in Q1. During the same period, the federal government incurred a fresh tariff subsidy obligation exceeding N321 billion.
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