DisCos get N438bn energy revenue in 2018, hit 66% efficiency rate
The Director of Advocacy and Research at ANED, Sunday Oduntan in a document on Tuesday said the 10 DisCos excluding Yola DisCo received energy worth N666.6bn but got N437.9bn from customers.“In 2017, the energy billed was N597.3bn but we recovered N363bn representing 61 percent collection efficiency. With the 2018 improvement in revenue collection, our Aggregate Technical, Commercial and Collection losses has reduced to 48 percent. It was 53 percent in 2017,” Oduntan explained.
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