DisCos earn N603bn as power offtake drops

DisCos earn N603bn as power offtake drops

Electricity distribution companies in Nigeria collected N603.64bn in Q2 2026 despite a 3.40% drop in power offtake, a new NERC report has revealed.

DisCos Miss Targets In Q2, Record N129.07bn Revenue Loss—NERC

All the 11 electricity distribution companies (DisCos) missed their 2026 loss reduction targets in the second quarter, recording an estimated revenue loss of N129.07 billion, the Nigerian Electricity Regulatory Commission (NERC) has said. The figure was contained in NERC’s Second Quarter 2026 report, which tracked the aggregate technical, commercial and collection (ATC&C) losses of the […]

DisCos Collect N604bn in Q2, NERC Report Shows - Economi Confidential

DisCos Collect N604bn in Q2, NERC Report Shows Electricity distribution companies collected N603.64bn in Q2 2026 even as power supply to them dropped, the Nigerian Electricity Regulatory Commission’s Q2 report shows. Average offtake fell to 3,197.03MWh/h in Q2 from 3,309.48MWh/h in Q1 — a 3.4% decline — though DisCos still achieved 94.07% offtake performance against […]