Discos generates N761.17bn revenue in 2021, says NBS
The National Bureau of Statistics (NBS) on Monday disclosed that the Electricity Distribution Companies (DisCos) generated N761.17billion revenue from customers in 2021, an increase of 44.50 per cent compared to N526.77 billion in 2020.
The 11 Discos are: Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu Electricity Distribution Company, Ibadan Electricity Distribution Company, and Jos Electricity Distribution Company.
Others are: Kaduna Electricity Distribution Company, Kano Electricity Distribution Company, Eko Electricity Distribution Company, Ikeja Electricity Distribution Company, Port Harcourt Electricity Distribution Company and Yola Electricity Distribution Company
The bureau in its “Nigeria Electricity Report : Energy Billed, Revenue Generated And Customers By Discos” report noted that total electricity billed in 2021 grew by 5.98per cent from 22,042.28 (Gwh) in 2020 to 23,360.59 (Gwh) in 2021.
According to the report, the total number of customers recorded in 2021 was 10.51 million, higher than 10.37 million in 2020.
The Bureau added that the number of metered customers rose by 36.18per cent from 3.51 million in 2020 to 4.77 million in 2021, while estimated billing customers decreased by 16.32per cent from 6.86 million in 2020 to 5.74 million in 2021.
