Revenue collected by electricity distribution companies in Nigeria 2023
Electricity distribution companies (DisCos) in Nigeria registered around 268 billion Nigerian naira (NGN) (roughly 300 million U.S. dollars) in revenue in the third quarter of 2023. This was against a total electricity billing of nearly 350 billion NGN, around 392 million U.S. dollars. In the previous quarter, a slightly higher sales value was reported.