The Nigerian Electricity Regulatory Commission (NERC) says that Nigeria’s power distribution companies grew their revenue collections by about 43 per cent in the first eight months of 2025, raking in a total of N1.5tn, compared with N1.05tn recorded in the same period of 2024, data from
The NERC said in its latest Commercial Performance Report released on Sunday that the 12 electricity distribution firms jointly collected N553.63bn in the first quarter of 2025, N564.71bn in the second quarter, and N193.96bn in July.
According to the NERC’s August 2025 fact sheet, an additional N191.11bn was remitted by the companies during the month, bringing total collections between January and August 2025 to about N1.503tn.
It noted that in comparison, the same group of utilities recorded N291.62bn in the first quarter of 2024, N431.16bn in the second quarter, and N162bn in July. NERC’s records also indicated that the firms collected N168.7bn in August 2024, summing up to N1.053tn within the same eight-month period.
The year-on-year growth represents an increase of about N450bn, a clear indication of improved billing and collection efficiency across most electricity distribution networks.
Although illiquidity remains a lingering issue in the Nigerian Electricity Supply Industry, recent improvements in revenue collection by the distribution companies suggest that financial stability across the value chain may be gradually improving.
The revenue jump is attributed to a combination of better tariff enforcement, ongoing metering drives, and tighter revenue monitoring by the regulator.
The NERC has consistently reported gradual gains in collection efficiency, which reached 80 per cent in August 2025, up slightly from previous months, suggesting that the sector may be on track for a more financially stable year.
The improvement represents a strong recovery for the power sector, which had struggled with revenue leakages, poor metering, and high technical losses in previous years.
GIK/APA