The number of estimated billing customers in the fourth quarter of 2023 dropped by 3.34% from 6.03 million to 5.83 million data gleaned by Ripples Nigeria from the Electricity Report Q4 2023 recently released by the National Bureau of Statistics (NBS) has shown.
Similarly, on a year-on-year basis, estimated billing customers also decreased by 1.73% in Q4 2023 from 5.93 million in Q4 2022.
However, revenue collected by the Distribution Companies (DisCos) during the period was N294.95 billion, up from the N260.16 billion generated in Q3 2023 representing an increase of N34bn.
