DisCos generate N205.53bn revenue in July –NERC
The Nigerian Electricity Regulatory Commission (NERC) said on Friday that Electricity Distribution Companies (DisCos) collected ₦205.53 billion out of N250.79 billion billed customers.
nThe commission disclosed this in its latest Commercial Performance Factsheet released on its X handle in Abuja.
nThe report showed that DisCos received N333.94 billion worth of energy during the month of July.
nIt said that out of the N333.94 energy received, N250.79 billion was billed customers out of which N205, 53 billion was collected.
nThe report said that Eko Electricity Distribution Company (EKDC) led the revenue collection with 94.67 per cent followed by Port Harcourt DisCo with 84.95 per cent, while Benin DisCo came third with 79.15 per cent
nIt also said that Kaduna DisCo recorded the lowest recovery efficiency at 39.71 per cent, followed by Jos DisCo at 46.27 per cent while Kano recorded 55.41 per cent
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