Power generation companies faced gas shortages due to unpaid debts, leading to reduced output. Yet, DisCos managed to collect ₦570.25 billion in Q3 (July–September) out of ₦706.61 billion billed—an 80.7% collection rate. In Q2 (April–June), they recovered ₦564.71 billion from ₦742.34 billion billed (76.07% efficiency). Combined, this totals ₦1.13 trillion paid by consumers over six months, marking a 4.63% overall improvement in revenue recovery.
Ikeja DisCo performed best with 100% collection efficiency in Q3, followed by Eko (88.74%), Benin (86.44%), and Abuja (81.60%). Kaduna DisCo trailed at 45.67%. Seven DisCos—including Ikeja, Port Harcourt, and Abuja—improved efficiency between Q2 and Q3, while Kaduna and Ibadan saw declines.
Monthly collections dipped from ₦197.08 billion in April to ₦178.89 billion in June but rebounded in Q3, peaking at ₦192.29 billion in September. Despite lower total billing in Q3, higher recovery rates drove the revenue increase. Urban DisCos like Ikeja and Eko outperformed northern counterparts (Kaduna, Jos, Kano), highlighting regional disparities.
NERC linked efficiency gains to reduced energy offtake (-6.08% in Q3), noting that DisCos often prioritize high-recovery areas when supply drops. The regulator emphasized metering as critical for improving accountability, citing the Meter Acquisition Fund (MAF) program. Under MAF Tranche A (ended June 2025), 107,461 Band A customers received meters. Tranche B (launched September 2025) allocates ₦28 billion to meter Bands A and B customers.
The report underscores persistent challenges: estimated billing, energy theft, and infrastructure gaps. While September’s ₦192.29 billion collection signals stability, uneven DisCo performance and reliance on reduced supply for efficiency gains raise questions about long-term solutions.
