Electricity distribution companies earn N1 trillion despite power supply challenges, with 5.8 million customers lacking meters
Ikeja Electricity Distribution Company: N218.6bn
The Eko Distribution Company: N52.8bn
The Abuja Electricity Distribution Company: N167.4bn
The Ibadan Electricity Distribution Company: N111.3bn,
Enugu Electricity Distribution Company: N82.5bn,
Yola ElectricityDistribution Company: N22.3bn
Benin Electricity Distribution Company: N84.6bn
Kaduna Electricity Distribution Company: N32.4bn
Jos Electricity Distribution Company: N38.9bn
Kano Electricity Distribution Company: N55.2bn
Port-Harcourt Electricity Distribution Company N74.7bn
The amount has risen to N1.065 trillion, showing a growth of N234.4 billion or 28.2 percent compared to the N831 billion generated by the power companies during a similar period in 2022.
The National Bureau of Statistics released the electricity report on Monday.
