The Electricity Distribution Companies (DisCos) operating in Nigeria’s electricity supply industry generated N247.33 billion in revenue in the first quarters 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 (Q1 2023).
The NBS said revenue collected by the Discos during the period was N247.33 billion from N232.32 billion in Q4 2022.
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