The Nation Newspaper Electricity supply increases by 14.64% in one year
said the Nigerian Electricity Supply Industry increased its output by 14.64% in the from the 5,611 Gigawatts in the fourth quarter of 2022 to 6,432Gwh in the Q4 2023.The report said: “Electricity supply was 6,432. in Q4 2023 from 5,732 in the previous quarter. However, on a year-on-year basis, electricity supply increased by 14.64% compared to 5,611 reported in Q4 2022.”Electricity Report Q4 2023,” which also noted that revenue collected by the DISCOs during the period was N294.
The bureau also revealed that the electricity customers increased from 11.71 million in the third quarter of 2023 to 12.12 million customers in the fourth quarter of 2023 .The document said: “Total customer numbers in Q4 2023 stood at 12.12 million from 11.71 million in Q3 2023, showing an increase of 3.46%.”According to the report, on a year-on-year basis, customer numbers in Q4 2023 rose by 9.59% from 11.06 million reported in Q4 2022. Similarly, metered customers stood at 5.
The report added that estimated customers during the quarter were 5.83 million, showing a decrease of 3.34% from 6.03 million in Q3 2023.
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