11 DisCos collected N247.09bn in Q1 2023 - NERC

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The Nigerian Electricity Regulatory Commission (NERC) said the 11 electricity distribution companies collected N247.09 billion in the first quarter of

“The total revenue collected by all DisCos in 2023/Q1 was N247.09 billion out of N359.38 billion billed to customers. It corresponds to a collection efficiency of 68.75 per cent, representing a decline of 4.

58 per cent compared to 2022/Q4 ,” the report stated.

 

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