Discos Rake In ₦887 Billion In Revenue

Discos Rake In ₦887 Billion In Revenue …C0NTINUE READING HERE >>>

The revenue generated by electricity distribution companies in Nigeria reached ₦887.86 billion during the first seven months of 2024.

Henzodaily understands that the revenue soars following an increase in electricity tariffs.

The reported figures were derived from an analysis of data provided by the Nigerian Electricity Regulatory Commission (NERC) regarding the commercial performance of distribution companies (Discos) for the specified period.

The data indicates that out of a total electricity bill of ₦1.14 trillion issued by Discos to their customers, the companies achieved a…

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