Nigeria’s electricity customers rose to 12.1 million in Q4 2023

Nigeria’s electricity customers rose to 12.1 million in Q4 2023 post thumbnail image

The overall variety of electrical energy prospects in Nigeria stood at 12.12 million within the fourth quarter of 2023, knowledge from the Nationwide Bureau of Statistics (NBS) has proven.

The bureau revealed this in its Nigeria electrical energy report detailing power payments, income generated, and prospects by DisCos (This autumn 2023), which was revealed on Monday.

“Whole buyer numbers in This autumn 2023 stood at 12.12 million from 11.71 million in Q3 2023, displaying a rise of three.46 per cent,” the NBS stated.

On a year-on-year foundation, the statistics workplace stated buyer numbers in This autumn 2023 rose by 9.59 per cent from 11.06 million reported in This autumn 2022.

Equally, it stated metered prospects stood at 5.61 million in This autumn 2023, indicating a lower within the development charge of 1.32 per cent from 5.68 million recorded within the previous quarter.

“On a year-on-year foundation, this grew by 9.38 per cent from the determine reported in This autumn 2022, which was 5.13 million.”

As well as, the bureau stated estimated prospects throughout the quarter have been 5.83 million, which decreased 3.34 per cent from 6.03 million in Q3 2023.

On a year-on-year foundation, estimated prospects decreased by 1.73 per cent in This autumn 2023 from 5.93 million in This autumn 2022.

Income

The bureau defined that income collected by the distribution firm (DisCos) throughout the interval was N294.95 billion from N260.16 billion in Q3 2023.

On a year-on-year foundation, income generated within the reference interval rose by 26.96 per cent from N232.32 billion recorded in This autumn 2022.

“Electrical energy provide was 6,432. (Gwh) in This autumn 2023 from 5,732 (Gwh) within the earlier quarter.

“Nonetheless, on a year-on-year foundation, electrical energy provide elevated by 14.64 per cent in comparison with 5,611 (Gwh) reported in This autumn 2022,” the report stated.


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