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Published 15 days ago

Electricity: DisCos Collect N97.01bn Revenue In February

Summary by leadership.ng

The 11 electricity distribution companies (Discos) have improved their revenue collection efficiency to 85.82 per cent, a report by the Nigeria Electricity Regulatory Commission (NERC) has shown. Data in the NERC Factsheet for February 2024 showed that while total billings of the DisCos stood at N113.05 billion, total revenue collected was N97.01 billion, and collection efficiency was 85.82 per cent, a 13.06 per cent increase from January. Findi…

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Electricity: DisCos Collect N97.01bn Revenue In February

The 11 electricity distribution companies (Discos) have improved their revenue collection efficiency to 85.82 per cent, a report by the Nigeria Electricity Regulatory Commission (NERC) has shown. Data in the NERC Factsheet for February 2024 showed that while total billings of the DisCos stood at N113.05 billion, total revenue collected was N97.01 billion, and collection efficiency was 85.82 per cent, a 13.06 per cent increase from January. Findi…

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