DisCos generated N205.53 billion in July: NERC
The Nigerian Electricity Regulatory Commission (NERC) said on Friday that electricity distribution companies (DisCos) collected ₦205.53 billion out of ₦250.79 billion billed to customers.
The commission disclosed this in its latest commercial performance factsheet released in Abuja.
The report showed that DisCos received N333.94 billion worth of energy in July.
It said that of the N333.94 billion in energy received, N250.79 billion was billed to customers, of which N205.53 billion was collected.
The report showed that Eko Electricity Distribution Company (EKDC) led revenue collection with 94.67 per cent, followed by Port Harcourt DisCo with 84.95 per cent, while Benin DisCo ranked third with 79.15 per cent.
It 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.
(NAN)
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