Electricity Energy Featured Finance

IKEDC generates highest revenue in Q3, Q4 2022 -NBS

IKEDC generates highest revenue in Q3, Q4 2022 -NBS

The National Bureau of Statistics has disclosed that the Ikeja Electricity Distribution Company had the highest electricity revenue for the third and fourth quarters of 2022.

NBS noted that the Ikeja DisCo generated N40,558.7 billion and N45,625.79 in the third and fourth quarters of 2022, respectively.

It added that the number of electricity customers in Nigeria increased from 10,937,488 in the third quarter to 11,058,265 in the fourth quarter. Ibadan DisCo recorded the highest number of electricity customers, showing an increase from 2,176,067 in the third quarter to 2,220,266 in the fourth quarter of 2022.

Benin DisCo recorded fewer electricity customers in the fourth quarter than it did in Q3 2022. It had 1,259,771 customers in the third quarter of 2022, and had 1,186,922 customers in the fourth quarter of 2022.

On the highest number of electricity customers, Ikeja DisCo came fourth behind Ibadan, Abuja, and Enugu DisCos in the third and fourth quarters of 2022.

Related posts

How ex-gov, two others withdrew N800m from N2b Ecological Fund’

Our Reporter

FG, EU partner on effective policing in Nigeria

By Meletus EZE

Yuletide: IGP orders deployment of X-Squad, others on highways

Our Reporter

Nigeria’s crude oil underproduction persists over prolonged repairs at forcados terminal

Our Reporter

 Vote aspirants with ‘no baggage’, Lawan writes APC delegates

Our Reporter

Shakur becomes Ag Director DPR as Ladan bows out

Editor