Power sector shortfall hits N1.5t, says DisCos
Electricity Distribution Companies have said the power sector shortfall has hit N1.5trillion, resulting in different unfavourable conditions.
According to the Executive Director, Research and Advocacy, Barrister Sunday Oduntan, over 40 percent of electricity consumers do not pay their electricity bills while indulging in illegal connection of electricity. In a presentation by the Discos during a Senate Public Hearing earlier this week, the DisCos showed an instance where out of N27.7bn only that was billed for energy consumed in 2019 by unmetered customers, only N5.2bn was recovered.
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