Power Distribution Companies Raked in N291.6bn Revenue in Q1 2024, Says Power Regulator 

This is just as the power sector regulator has barred NBET from entering into new contracts.

The newly-released data showed that the N291.2 billion was out of the N368.65 billion billed to customers, translating to a collection efficiency of 79.11 per cent, which represents an increase of over 5.32 per cent when compared to 2023/Q4 of 73.79 per cent.