The Nigerian Electricity Regulatory Commission (NERC) said the 12 electricity Distribution Companies (DisCos) failed to collect N54.18billion from their customers in February 2025.

This was contained in the Commercial Performance Data of the DisCos for February 2025.

The document said the revenue raked in indicated a collection efficiency of 77.97 per cent.

Of the total N245.93billion bills the energy distributors issued in February, they were able to collect N191.75 billion, leaving the balance of N54.18billion uncollected revenue.

NERC said in the month under review, 2,583.19GWh was the total energy received while 2,135GWh was the total energy billed 446.19GWh was not billed.

According to the data, the billing efficiency was 82.73 per cent.

On revenue recovery performance, NERC said whereas N116.18kwh was the actual tariff, the average collection was N88.2kwh.

The difference between the actual tariff and average collection which was N27.97kwh, was the cost of subsidy per kilowatt hour in February.

The recovery efficiency in the month was 75.92 per cent, according to the NERC data.

In the month under review, Ikeja DisCo received the highest energy of 400.04Gwh and billed 332.37Gwh, recording a billing efficiency of 83.08per cent.

It was closely followed by the Abuja DisCo which got 385Gwh and billed 278Gwh to record 77.08 per cent billing efficiency while Eko DisCo which received 365Gwh billed 325.45Gwh to record billing efficiency of 89.02 per cent.

In terms of revenue collection, Eko DisCo raked in the highest of N41.24 billion, Ikeja N41.18billion and Abuja DisCo 35.67 billion.

The least revenue collected regular firm was Yola DisCo with N60.2billion, Kaduna DisCo N117.21billion and Kano N127.78 billion.

However Aba DisCo which has the least number of customers recorded N32.61billion. (The Nation)