“We cannot score the Discos more than five per cent… They failed woefully in conflict resolution,” consumers react Nigeria’s electricity distribution companies collectively raked in about N3.95tn revenue between 2019 and the first quarter of 2024, data from the National Bureau of Statistics showed. A report by the Punch quoted the NBS data to have revealed an upward trajectory in revenue generation over the past five years, as the power distributors made N482.6bn in 2019, N526.8bn in 2020, N761.2bn in 2021, N828.1bn in 2022, N1.07bn in 2023, and N291.6bn…
Read More‘In Five Years,’ DisCos Raked In N3.96 Trillion From Customers
