Electricity consumers paid N1.27tn in three years, say Discos

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Electricity distribution companies collected a total of N1.27tn from customers in the last three years, data obtained from the Association of Nigerian Electricity Distributors on Thursday have shown.

ANED, the umbrella body for the Discos, said customers paid N363bn in 2017, N437.9bn in 2018 and N473bn in 2019.

“The Discos only collect an estimated 24 per cent of the tariff revenue, while the balance goes to the Transmission Company of Nigeria, generation companies and other industry stakeholders,” ANED said. According to them, the Nigerian electricity supply industry has not solved critical issues such as the lack of spinning reserve, load misalignment with Discos and the TCN interface issues, delays in the implementation of TCN´s expansion plan and lack of investment in Discos’ infrastructure.

 

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This number doesn't mean much when you don't provide it per capita. Population 200m, ages 15-65 representing maybe 50%, on marriage/cohabiting rate let's say everyone is doing that so we halve it again. 50m people paid 1.27tn in 3yrs= each family paid 8k annually at most.

Haaaa... These people don finish us... That in 3years? GodwillJudge

Paying for services not rendered.

So? We need 24 hours electricity jo

we don try.

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