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Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Electricity distribution companies (DisCos) generated N801.16 billion in revenue from electricity consumers between January and April 2026, even as millions of Nigerians grappled with prolonged blackouts, erratic power supply and persistent service challenges.
Figures released by the Nigerian Electricity Regulatory Commission (NERC) in its commercial performance factsheets showed that the country’s 11 electricity distribution companies billed customers a combined N1.01 trillion during the four-month period but recovered only N801.16 billion, leaving an outstanding N207.77 billion in unpaid bills.
Nigerian DisCos Generate N801bn Revenue in 4 Months Despite Worsening Power Supply CrisisSource: UGC
Monthly collections stood at N204.74 billion in January, N196.68 billion in February, N196.13 billion in March, and N203.61 billion in April.
Revenue Collections Improve Despite Unpaid Bills
The NERC data revealed varying levels of billing and collection efficiency across the four months.
In January, customers were billed N268.20
