Abuja, Nigeria – Electricity distribution companies operating on Nigeria’s national grid recorded a N51.17 billion ($34 million USD) revenue shortfall in December 2025. The figure represents the gap between electricity billed to customers and actual collections.
Okay News reports that the Nigerian Electricity Regulatory Commission disclosed this in its December commercial performance factsheet. The document was published on the regulator’s website on Saturday.
The country’s 11 distribution companies billed customers N258.66 billion during the month. However, they collected only N207.49 billion, resulting in a collection efficiency of 80.22%.
The distribution companies received electricity worth N309.65 billion from the national grid. Only N258.66 billion worth of this energy was successfully billed to customers. This translates to a billing efficiency of 83.53%.
The actual average revenue realized by the companies stood at N98.97 per kilowatt hour. This compares to an allowed average tariff of N124.30 per kilowatt hour. The revenue recovery efficiency for the distribution segment reached 79.62%.
Abuja Electricity Distribution Company recorded the highest revenue collection in December. The company collected N38.11 billion out of N46.68 billion billed, achieving 81.64% collection efficiency.
Ikeja Electric followed with N36.20 billion recovered from N43.41 billion billed. This represents 83.38% collection efficiency. Eko Electricity Distribution Company posted one of the strongest performances with 91.79% efficiency.
Eko Electric collected N38.01 billion from N41.41 billion billed during the month. Benin Electricity Distribution Company recovered N18.38 billion from N21.53 billion billed.
Port Harcourt Electricity Distribution Company collected N17.62 billion out of N21.6 billion billed. Ibadan Electricity Distribution Company realized N23.60 billion from N28.34 billion billed.
Enugu Electricity Distribution Company collected N17.57 billion from N23.08 billion billed. In northern Nigeria, Kano Electricity Distribution Company achieved 57.45% collection efficiency with N8.98 billion from N15.64 billion billed.
Yola Electricity Distribution Company realized N3.55 billion from N4.25 billion billed. Jos Electricity Distribution Company recorded the lowest collection efficiency at 42.92%. The company collected only N5.43 billion from N12.67 billion billed.
Data for Kaduna Electricity Distribution Company was not available. The regulator attributed this absence to an ongoing upgrade of the company’s billing system.
Revenue shortfalls in the distribution segment cascade across Nigeria’s electricity value chain. These gaps affect power generation and transmission companies that depend on distributor payments.
The regulator has consistently emphasized metering as a key solution to revenue leakages. NERC reaffirmed its commitment to enforcing market rules and strengthening regulatory oversight.
For the third quarter of 2025, distribution companies generated N570.25 billion from total bills of N706.61 billion. This represented 80.70% collection efficiency, an improvement from 76.07% in the second quarter.
 revenue shortfall in December 2025. The figure represents the gap between electricity billed to customers and actual collections.){kind=link}