Nigerian DisCos earn N761.2 billion in revenue in 2021, with 4.8 million metered users.
The revenue from Nigeria’s electricity distribution businesses (DisCos) totaled N761.2 billion in 2021, up 44.5 percent from the N526.8 billion reported the year before. Data recently issued by the National Bureau of Statistics support this (NBS). The cost of electricity increased from 22,042.28 Gigawatt hours (Gwh) in 2020 to 23,360.59 Gwh in 2021, a 5.98 […]