DisCos Lose N2.47 Trillion to Unbilled Electricity (2020-2025)
Between 2020 and 2025, Nigeria's electricity distribution companies (DisCos) faced cumulative losses of N2.47 trillion in unbilled electricity, as reported by the Nigerian Electricity Regulatory Commission (NERC). The unbilled electricity value increased from N281.86 billion in 2020 to N622.31 billion in 2025, marking a 121% rise.
In 2020, DisCos received electricity valued at N1.098 trillion but billed only N816.16 billion, resulting in a 25.67% unbilled rate. The trend continued with unbilled amounts of N341.77 billion in 2021, N358.26 billion in 2022, and N384.05 billion in 2023.
The gap widened significantly in 2024 to N478.29 billion, with DisCos receiving N2.675 trillion and billing N2.197 trillion. The largest gap occurred in 2025, where N622.31 billion remained unbilled from a total of N3.611 trillion received.
The report attributes these losses to electricity theft, meter bypasses, technical losses, and inadequate customer enumeration.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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