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 Nigerian Electricity Regulatory Commission revealed on Sunday.
The NERC, in its latest Commercial Performance Report, said 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.
The NERC’s August 2025 fact sheet showed an additional N191.11bn was remitted by the companies during the month, bringing total collections between January and August 2025 to about N1.503tn.
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.