Nigeria’s Power sector generates N3.95 trillion in five years – NERC …C0NTINUE READING HERE >>>
Nigeria’s electricity distribution companies collectively generated approximately N3.95 trillion in revenue from 2019 to the first quarter of 2024, according to data from the Nigerian Electricity Regulatory Commission (NERC) released by the National Bureau of Statistics (NBS).
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The analysis revealed a steady increase in revenue over the past five years.
The breakdown shows that in 2019, the power distributors generated N482.6 billion, which rose to N526.8 billion…
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