Nigeria, April 9 -- Nigeria's Electricity Distribution Companies (DisCos) recorded a decline in revenue recovery performance in January 2026, despite stricter loss reduction targets introduced by the regulator.

In the January factsheet published on Wednesday by the Nigerian Electricity Regulatory Commission (NERC), the data indicated that the average revenue recovery efficiency across the DisCos dropped to 69.16 per cent in January 2026, down from 72.31 per cent in 2025, reflecting a 3.15 percentage point decline.

The decline occurred even as the regulator reduced the Aggregate Technical, Commercial and Collection (ATC&C) loss targets for 2026, expecting improved performance following investments made by the companies in 2025.

Accordin...