Revenue collection by electricity Distribution Companies increased to N291.62 billion in the first quarter of 2024 from N294.95 billion in Q4 2023, the National Bureau of Statistics (NBS) has said.
In its Nigeria Electricity Report Q1 2024: Energy Billed, Revenue Generated And Customers By DISCOS report, the Bureau stated that “On a year-on-year basis, revenue generated in the reference period rose by 17.91% from N247.33 billion recorded in Q1 2023.”