DisCos Revenue Up 450% But Supply Barely Moves As Debt Hits N700bn
Revenue collected by Nigeria’s electricity distribution companies rose from N218.16 billion in the first half of 2018 to about N1.2 trillion in the same period of 2026, an increase of roughly 450 per cent. Over the same eight years, total electricity supply grew by just 4.8 per cent, from 16,861 gigawatt-hours to 17,668GWh, according to…
