The Nigerian Electrical energy Regulatory Fee, NERC, on Tuesday introduced that Electrical energy Distribution Corporations (DisCos) collected ₦509.84 billion within the fourth quarter of 2024 (This autumn 2024) out of the ₦658.40 billion billed to clients.
This was disclosed in NERC’s 2024 Fourth Quarter Report, revealed on its web site in Abuja.
In keeping with the report, this interprets to a group effectivity of 77.44 per cent.
“As compared, DisCos collected ₦466.69 billion within the third quarter of 2024 (Q3 2024) from the ₦626.02 billion billed, leading to a 74.55 per centcollection effectivity.”
It stated that the 77.44 per cent effectivity recorded in This autumn 2024 represented a rise of two.89 proportion factors in comparison with Q3 2024’s 74.55 per cent.
“Eko DisCo recorded the best assortment effectivity at 90 per cent, adopted by Ikeja DisCo at 82.63 per cent, sustaining their prime positions from Q3 2024.
“In distinction, Jos DisCo recorded the bottom assortment effectivity at 49.68 per cent,” the report stated.
In keeping with the report, comparability of DisCos’ efficiency exhibits that eight DisCos improved their assortment effectivity between Q3 and This autumn 2024, with Yola and Kano DisCos recording probably the most important enhancements.
It, nevertheless, stated the remaining three DisCos noticed declines in assortment effectivity, with Jos and Abuja DisCos experiencing probably the most important drops over the interval.
NAN
