The total volume of electricity supplied by distribution companies (Discos) to customers in the first quarter of 2024 declined by 10.3%, falling from 6,432.22 GWh in Q4 2023 to 5,769.52 GWh in Q1 2024. This data was revealed in the Nigeria Electricity Report for the first quarter of 2024, published by the National Bureau of Statistics (NBS).<\/p>\n
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On a year-on-year basis, electricity supply showed a decrease of 1.41% compared to the 5,851.87 GWh recorded in Q1 2023. Among the Discos, Ikeja Disco distributed the highest volume of electricity at 908 GWh, followed by Eko Disco with 849 GWh and Abuja Disco with 846 GWh.<\/p>\n
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Despite the decline in electricity supply, revenue collected by the Discos in Q1 2024 was N291.62 billion, a slight decrease from N294.95 billion in Q4 2023. However, year-on-year revenue saw a significant rise of 17.91%, up from N247.33 billion in Q1 2023. Ikeja, Eko, and Abuja Discos led in revenue collection, securing N57.87 billion, N48.74 billion, and N48.60 billion respectively. Conversely, Kaduna, Kano, and Yola Discos generated the lowest revenue, with N9.60 billion, N13.6 billion, and N5.4 billion respectively.<\/p>\n
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The report also highlighted an increase in the total number of customers, which stood at 12.33 million in Q1 2024, up from 12.12 million in Q4 2023, marking a 1.78% increase. On a year-on-year basis, customer numbers grew by 9.47%, compared to the 11.27 million recorded in Q1 2023.<\/p>\n
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Similarly, the number of metered customers reached 5.91 million in Q1 2024, indicating a growth of 5.38% from 5.61 million in the previous quarter. Year-on-year, this figure increased by 11.26% from the 5.31 million reported in Q1 2023. Ibadan Disco had the highest number of metered customers at 1.06 million, followed by Ikeja Disco with 919,000 and Abuja Disco with 892,000. The Discos with the least number of metered customers were Kano, Kaduna, and Yola, with 211,000, 206,000, and 126,000 respectively.<\/p>\n
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Additionally, the number of estimated billed customers rose to 6.43 million in Q1 2024, up by 10.22% from 5.83 million in Q4 2023. Year-on-year, estimated billed customers increased by 7.88%, from 5.96 million in Q1 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"
The total volume of electricity supplied by distribution companies (Discos) to customers in the first quarter of 2024 declined by 10.3%, falling from 6,432.22 GWh in Q4 2023 to 5,769.52 GWh in Q1 2024. This data was revealed in the Nigeria Electricity Report for the first quarter of 2024, published by the National Bureau of […]<\/p>\n","protected":false},"author":2,"featured_media":28509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59],"class_list":["post-35790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/35790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=35790"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/35790\/revisions"}],"predecessor-version":[{"id":35793,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/35790\/revisions\/35793"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/28509"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=35790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=35790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=35790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}