Nigeria: DisCos’ revenue hits N509.84bn in Q4 2024 – NERC — Africa Links 24

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Africa Links 24 with Ibrahim Ramalan
Published on 2025-03-25 12:53:43

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The Nigerian Electricity Regulatory Commission, NERC, on Tuesday announced that Electricity Distribution Companies (DisCos) collected ₦509.84 billion in the fourth quarter of 2024 (Q4 2024) out of the ₦658.40 billion billed to customers.

This was disclosed in NERC’s 2024 Fourth Quarter Report, published on its website in Abuja.

According to the report, this translates to a collection efficiency of 77.44 per cent.

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“In comparison, DisCos collected ₦466.69 billion in the…

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