The Nigerian Electricity Regulatory Commission (NERC) has disclosed that electricity Distribution Companies (DisCos) operating across the country remitted a total of N399.20 billion to the electricity market during the second quarter of 2025.
The figure was contained in NERC’s quarterly report on the sector, released on Tuesday.
According to the report, the cumulative upstream invoice payable by DisCos for the period amounted to N417.35 billion. This included N348.66 billion for generation costs adjusted under the Distribution Recovery Obligation (DRO) from the Nigerian Bulk Electricity Trading Plc (NBET) and N68.68 billion for transmission and administrative services provided by the Market Operator (MO). Of this amount, the DisCos collectively remitted N333.90 billion to NBET and N65.30 billion to the MO, leaving an outstanding balance of N18.15 billion.
The remittance performance was calculated at 95.65 percent, slightly lower than the 95.86 percent recorded in the first quarter of 2025.
The report also highlighted the performance of bilateral customers. Six international customers connected to the grid-paid a cumulative $9.015 million against an invoice of $17.54 million issued by the MO, representing a remittance rate of 51.33 percent. Domestic bilateral customers made payments totalling N1.401 billion against a bill of N2.796 billion, translating to a remittance rate of 50.10 percent.
NERC further reported that the total naira value of energy offtake by all DisCos in Q2 2025 was N909.59 billion, while the total energy billed to customers amounted to N742.34 billion, indicating a billing efficiency of 81.61 percent.
The report noted that, at an aggregate level, DisCos were unable to account for N167.25 billion worth of energy received at their trading points during the quarter.
Revenue collection by DisCos during the period reached N564.71 billion, representing a collection efficiency of 76.07 percent, an improvement of 1.68 percentage points over the first quarter’s 74.39 percent.
The weighted average Technical, Commercial and Collection (ATC&C) loss across all DisCos was 37.92 percent. This comprised technical and commercial losses of 18.39 percent and collection losses of 23.93 percent.
The ATC&C loss was 17.38 percentage points higher than the 2025 MYTO target of 20.54 percent, resulting in a cumulative revenue loss of N158.053 billion. However, it marked an improvement of 1.69 percentage points compared to the 39.61 percent ATC&C loss recorded in Q1 2025.
The report pointed out that, with the exception of Eko DisCo, none of the other companies met their target ATC&C during the quarter. Kaduna DisCo was identified as the worst-performing in relation to its target, recording an actual ATC&C loss of 70.98 percent compared with the target of 21.32 percent.
NERC, established under the Electricity Act 2023, is responsible for the technical and economic regulation of Nigeria’s electricity supply industry and aims to ensure a stable, adequate, and safe electricity supply while promoting an efficient and investor-friendly market.
