Discos’ Monthly Revenue Surges by N5bn Despite Persistent Outages

Despite ongoing complaints about low power generation, Nigeria’s electricity distribution companies (Discos) increased their monthly revenue from N95 billion in January to N100 billion in March 2024. Data released by the Nigerian Electricity Regulatory Commission (NERC) indicated that revenue for February was N97 billion. This increase in revenue occurred during a period of significant power … Continue reading Discos’ Monthly Revenue Surges by N5bn Despite Persistent Outages