NERC Reports DisCos Generated N603.64bn in Q2 2026

According to a report from the Nigerian Electricity Regulatory Commission (NERC), electricity distribution companies (DisCos) generated N603.64 billion out of a total of N744.67 billion billed to customers in Q2 2026, reflecting a collection efficiency of 81.06%. This marks a 2.11% increase compared to Q1 2026, which had a collection efficiency of 78.95%.

The report revealed that the weighted average Aggregate Technical, Commercial and Collection (ATC&C) loss across all DisCos was 36.23%, which includes technical and commercial losses of 21.33% and collection losses of 18.94%. This ATC&C loss is significantly higher than the 2026 MYTO target of 16.92%, resulting in a cumulative revenue loss of N129.073 billion.

All DisCos failed to meet their ATC&C targets, with Kaduna DisCo showing the worst performance (Actual – 67.70% vs target – 18.18%). Additionally, the cumulative upstream invoice payable by DisCos was N410.38 billion, of which N385.44 billion was remitted, leaving an outstanding balance of N24.94 billion.