Ikeja Electric hits 103% recovery, Kaduna stuck at 30%

Nigeria’s electricity distribution companies showed wide disparities in billing and revenue performance in July, with Ikeja recording over 100 per cent recovery efficiency while Kaduna remained at just 30 per cent, according to new data from the Nigerian Electricity Regulatory Commission (NERC).

The sector billed ₦243.14 billion worth of energy out of ₦300.04 billion received, representing an overall billing efficiency of 81.04 per cent.

Collection efficiency stood at 79.77 per cent, while recovery efficiency, the actual average collection compared to allowed tariffs, was 76.82 per cent.

Eko DisCo posted a billing efficiency of 97.20 per cent, with actual collections reaching 95.58 per cent of allowed tariffs.

Ikeja, which billed 90.52 per cent of its received energy, achieved the highest recovery efficiency nationwide at 103.78 per cent.

By contrast, Kaduna DisCo billed only 55.66 per cent of its energy and recovered just 30.34 per cent of expected revenue. Jos fared slightly better in billing efficiency (83.70 per cent) but recorded only 41.65 per cent recovery.

Overall, the sector collected ₦193.96 billion in July, up 6.51 per cent from June. NERC said the improvements reflected ongoing efforts to tighten revenue flows across the electricity market.

The regulator, however, highlighted persistent gaps in performance, with Benin and Kano also posting weak recovery rates below 70 per cent. Abuja, Enugu, and Port Harcourt performed above the 70 per cent threshold but still lagged behind the top performers in Lagos.

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