The Electricity Distribution Companies (DisCos) operating in Nigeria’s electricity supply industry generated N263 billion in revenue in the second quarter of 2023, data from the National Bureau of Statistics (NBS) has shown.
The bureau revealed this in its Nigeria electricity report detailing energy billed, revenue generated and customers by DisCos (Q2 2023) published on Friday.
The NBS said revenue collected by the Discos during the period was N263.08 billion from N247.33 billion in Q1 2023.
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