This was as data revealed that electricity billing by distribution companies increased by 106.68 per cent or N393.26bn year-on-year from the same period in 2024.
Nigeria’s power distributors recorded a staggering N202.61bn revenue shortfall in Q1 2025 despite billing customers N761.91bn, new regulatory data reveals.
The Nigerian Electricity Regulatory Commission report shows collection efficiency dropped to 73.4% as non-payment gaps widened year-on-year. While billing surged 106.68% from 2024 levels, revenue losses more than doubled from N77.03bn in Q1 2024. Ikeja, Eko and Abuja Discos accounted for N72.59bn of the deficit.
Performance disparities emerged across regions – Jos Disco suffered worst with 52% collection rate (N36.31bn billed vs N17.13bn collected), while Kaduna and Yola also struggled below 40% efficiency. The data raises fresh concerns about the sector’s financial sustainability amid rising operational costs.