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DisCos generate N207bn from power bills in December — NERC

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The Nigerian Electricity Regulatory Commission (NERC) says electricity Distribution Companies (DisCos) collected N207.49 billion from customers in December 2025.
According to a report by the News Agency of Nigeria (NAN), the regulator disclosed this in its December commercial performance factsheet published on its website in Abuja on Saturday.
According to the report, the 11 electricity distribution companies billed consumers N258.66 billion during the month.
“Out of the billed amount, the companies collected N207.49 billion, leaving a revenue shortfall of N51.17 billion,” the commission said.
It noted that the figures translate to a collection efficiency of 80.22 per cent across the 11 electricity distribution companies operating on the national grid.
The factsheet said the utilities received electricity worth N309.65 billion from the grid in December.
However, only N258.66 billion of the energy supplied was successfully billed to customers, representing a billing efficiency of 83.53 per cent.
The regulator said the actual average revenue realised by DisCos stood at N98.97 per kilowatt hour.
This compares with an allowed average tariff of N124.30 per kilowatt hour, giving the industry a revenue recovery efficiency of 79.62 per cent.
A breakdown showed that Abuja Electricity Distribution Company recorded the highest revenue collection during the month.
The company collected N38.11 billion from N46.68 billion billed, representing a collection efficiency of 81.64 per cent.
Ikeja Electric collected N36.20 billion out of N43.41 billion billed, achieving 83.38 per cent collection efficiency.
Similarly, Eko Electricity Distribution Company realised N38.01 billion from N41.41 billion billed, translating to 91.79 per cent collection efficiency.
The commission said Benin Electricity Distribution Company collected N18.38 billion from N21.53 billion billed.
It added that Port Harcourt Electricity Distribution Company recovered N17.62 billion out of N21.6 billion billed.
Also, Ibadan Electricity Distribution Company collected N23.60 billion from N28.34 billion billed.
Enugu Electricity Distribution Company realised N17.57 billion from N23.08 billion billed during the review period.
Kano Electricity Distribution Company collected N8.98 billion from N15.64 billion billed, representing 57.45 per cent collection efficiency.
The report added that Yola Electricity Distribution Company realised N3.55 billion from N4.25 billion billed.
According to the regulator, Jos Electricity Distribution Company recorded the lowest collection efficiency at 42.92 per cent.
It said the company collected N5.43 billion from N12.67 billion billed in December.
The commission, however, noted that data for the Kaduna Electricity Distribution Company was unavailable.
It attributed the gap to an ongoing upgrade of the company’s billing system to meet regulatory requirements.
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TTSWG set for telecom, tech stakeholders’ exhibitionn

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Oloruntoba

The Telecommunications and Technology Sustainability Working Group (TTSWG) has announced plans for the second edition of its annual conference and innovation exhibition, bringing together key stakeholders in Nigeria’s technology and telecommunications sectors.

The event, scheduled for Thursday, September 24, 2026, will be held at the Balmoral Convention Centre, Ahmadu Bello Way, Victoria Island, Lagos.
Tagged the IMC Conference and Innovation Exhibition, the event is sponsored by IHS Nigeria and is expected to attract policymakers, chief executives of leading technology firms, investors, development partners, financial institutions, innovators and thought leaders from Nigeria and beyond.

According to the organisers, the conference is designed to unlock opportunities in Nigeria’s technology and telecommunications sectors, with sustainability at the centre of discussions and innovations.

Other partners supporting the event include Hydrogen, Nigeria Climate Innovation Centre (NCIC), LBS Sustainability Centre (LBSSC) and MTN.
TTSWG said the IMC Conference and Exhibition has emerged as a major platform for innovation and sustainability, following the success of its inaugural edition.

The maiden edition attracted more than 300 physical participants and 759 registrants, while 17 innovative solutions were showcased, helping to promote sustainability-driven entrepreneurship within the technology ecosystem.

The organisers said the second edition would build on that momentum by providing stakeholders with opportunities to network, exchange ideas, showcase innovations and explore practical solutions for sustainable growth in Nigeria’s digital economy.

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FG deploys 668,000 meters, moves to end estimated billing

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Electric metres

In a move aimed at reducing estimated billing and closing the country’s metering gap, the Federal Government has deployed 668,000 electricity meters under Phase One of the $500 million World Bank-financed Distribution Sector Recovery Programme (DISREP).

The figure represents about 60 per cent of the 1,033,000 meters delivered under the programme, as the government intensifies efforts to ensure that registered electricity consumers are accurately metered.

The development was disclosed at the second 2026 meeting of the National Council on Privatisation (NCP), chaired by Vice President Kashim Shettima at the Presidential Villa, Abuja.

Briefing journalists after the meeting, the Director-General of the Bureau of Public Enterprises (BPE), Ayodeji Ariyo Gbeleyi, said the council received updates on the implementation of various initiatives designed to improve service delivery and strengthen the electricity sector.

He said the metering initiative remained a key component of ongoing efforts to address challenges in the power sector and improve transparency in electricity billing.

“On various issues, we provided updates on meter deployment under Phase 1 of the World Bank-financed Distribution Sector Recovery Programme. We have implemented 60 percent of the meters that have been delivered in the country out of 1,033,000. So far, we have deployed and installed 668,000 meters on customers’ premises,” Gbeleyi said.

He said the metering initiative, alongside programmes such as the Presidential Metering Initiative, was designed to address the metering deficit and eliminate estimated billing for electricity customers.

Gbeleyi also disclosed that about 17 states had established their own State Electricity Regulatory Commissions since April 2024 as part of the implementation of the Electricity Act.

He noted that Akwa Ibom State became the latest state to establish its own electricity regulatory commission in July.
According to him, some aspects of the implementation of the Electricity Act require further clarification and harmonisation among relevant stakeholders.

He said the NCP had directed the Attorney-General of the Federation, Minister of Power, Special Adviser to the President on Power, Special Adviser to the President on Oil and Gas, Nigerian Electricity Regulatory Commission (NERC), BPE and other stakeholders to engage on the necessary amendments to the law. “Some fine-tuning is required here and there in the implementation of that Act,” Gbeleyi said.

“Council has directed those stakeholders, led by the Attorney General of the Federation, the Honourable Minister of Power, the Special Adviser on Power, the Office of the Special Adviser to the President on Oil and Gas, the Nigerian Electricity Regulatory Commission, the BPE and all other critical stakeholders, should engage constructively so as to streamline and harmonize the Federal Government’s position in terms of the required amendments to fine-tune the Electricity Act.”

Also speaking, the Minister of Power, Joseph Olasunkanmi Tegbe, said the Federal Government was working collaboratively to ensure Nigerians derive greater value from electricity and other critical sectors of the economy.

“We are working concertedly and in a very collaborative manner to ensure that we give value, either in electricity or in telecoms—whichever area—to make sure that Nigerians benefit from this government,” Tegbe said.

The meeting was attended by the Minister of Finance and Coordinating Minister of the Economy, who is the Vice Chairman of the council; the Minister of Power; the Solicitor-General, representing the Attorney-General of the Federation; the Minister of Industry, Trade and Investment; and private members of the council.

The NCP meeting formed part of ongoing efforts by the Federal Government to strengthen reforms in the power and other critical sectors of the economy.

 

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DataPro to host international credit rating webinar in October

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DataPro Management, a licensed and regulated credit rating agency, has announced plans to host its 2026 International Rating Webinar in October.
The webinar, scheduled for October 8, 2026, at 2 p.m. West Africa Time, will focus on the theme, “Sovereign Credit Rating: Africa’s Roadmap to Investment Grade Status.”
The event will bring together experts and stakeholders in the credit rating and public finance sectors to examine Africa’s sovereign credit outlook and strategies for achieving investment-grade status.
Panelists for the webinar include Torsten Schmidt, Head of Macroeconomics and Public Finance Research, RWI; Daniel Cash, Founder, Credit Rating Research Initiative; Oluwakemi Babalogbon, Executive Director, Risk Management, Ministry of Finance Incorporated (MOFI); Kai Gehring, Professor of Political Economy, University of Bern; and Misheck Mutize, Lead Expert on Credit Rating Agencies, African Peer Review Mechanism (APRM).
Oladele Adeyemi, Chief Rating Officer, DataPro, will moderate the session.
Stakeholders in the credit rating industry, financial sector and the media are expected to participate in the webinar, which is free to attend.
The organisers said the event would provide participants with an opportunity to gain insights into sovereign credit ratings and the steps African economies can take to attract investment and improve their credit standing.

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