Discos rake in N243bn revenue in Q4 2022

The document released by NERC over the weekend shows that the total revenue collected by the DisCos increased by 24.9 percent from N188.2 billion in Q2 2022.

“The overall rise in collection efficiency in Q3 2022 was attributed to the increased metering and efficient implementation of the capping order. While the increase in collection efficiency in Q4 2022 could be attributed to the increased metering by the DisCos and the implementation of various collection campaigns to improve remittance for post-paid customers.